bvw - A lot was said about the joint venture, but not much detail on - well - detail. I got the impression it would be Chinese money and CBD knowhow and contacts. No mention of buyin to CBD - in fact the implication was - no. Most questions were on the subject of why the Chinese giants are interested in minnow CBD. Answer: relationships established (eg, Mark Vale's role, time Execs spend in China - eg Gerry one to two weeks a month) and CBDs ability to intoduce the Chinese to projects. It was made clear that some of the wind projects would be in Australia, and would be large.
Hope that helps.
CBD Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held