cce -where to from here !, page-63

The Northam project has started.

It started when a finance partner was secured, grid connection approved and design complete. It was announced a few weeks ago when equity partners were secured.

Started doesn’t mean construction has begun.

Starting can be the financing and software to run the system before you stick a spade in the ground.

But you are also right, we anticipate starting to mean the construction phase.

Starting is also procurement of stock which I’m confident has happened.

Yeh, though way back in March last year CCE said the Northam project would be commissioned by the end of 2017 as you indicate, so you are right,
we are way behind.

But in that time I have bought another 500,000 odd shares at a lower price than they will be when the project construction is announced & actually starts and thus the price rises, which will also be a lower price when the project is complete and I have the chance like everyone else to sell if I want.

Have you taken advantage of this construction start delay to buy??? or will you only see the missed opportunity when the price is 5c and construction is started or complete?

So yes really it is frustrating that construction hasn’t started but it’s the best buying opportunity to buy stock knowing that it is actually going to start to be built very soon and then completed and then CCE selling power on the spot market & profiting makes our 4c shares worth more than 4c.