Are we really in trouble?, page-29

Hi Sharks

It's a better day on the market, hopefully I'm right, it feels as though something is building here and buyers seem to be coming in.

Sorry to bang on about it but I've been doing further research on the Australian Government grant system and the more I read the more it seems that ARENA should IMO be funding the development of the Protean Wave Energy project.

The following is from the current 2015/16 funding programme guidelines from ARENA(the bold is my editing):

Programmes
ARENA supports renewable energy activities through its funding programmes, which help to develop technologies and improve investor confidence in renewable energy projects to strengthen those projects' chances of success.
ARENA’s funding programmes uniquely span the innovation chain from research in the laboratory to large-scale pre-commercial deployment activities.




I think we fit the development programme at this time.
Good luck all, especially with your options if you participate in the CR.

All IMO.

Regards,

Chilloutman