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4.3¢ carnegie clean energy limited

Carnegie should offer CETO 5 to Cape Town, page-8

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martincooper

498 Posts.

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05/02/18

07:42

Post #: 30813388
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Originally posted by Megafauna ↑

I was making the point, that a Ceto 5 fix for Capetown, (which is due to run out of freshwater in April), is out of the question. If you followed the process that CCE had to go through to demonstrate three buoys at Garden Island, you would know that two years would be roughly how long it would take to plan design and install an operational Ceto 5 array and desalination plant over there.

I would think they could probably install a Ceto 6 array in quicker time (but that is not going to happen either.

CCE has enough on it's plate without trying to save Capetown with rejected technology.

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Totally get it. Don’t get me wrong I don’t really take the Cape Town story seriously.

What I take seriously is the timeline for CETO to get shipped, this is important stuff in the analysis of this stock.

So keeping in mind that CCE is planning on making money on licensing, that might shorten that timeline. This timeline is an interesting variable when drawing revenue projection.

Last edited by martincooper: Typo 05/02/18

CCE Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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