I’ve never understood what was happening with the old piles for CETO on Garden Island. Would have thought they might have been used for a wind project. Maybe a small single floating sea wind turbine to at least get money off them given they arn’t cheap to do. I know it’s near an island near a mainland but it illustrates capability. Especially given the massive farms in Europe and the one planned off Victoria now. Seems a good place to do a test before Albany given they gave multiple piles and latest CETO uses three looking at the pictures. What about an ability to share footings with a floating turbine and a CETO unit? I suspect it only maybe ~30 metres deep and as such doesn’t need to be floating also but I’m just trying to get an idea that this company can get a project done. Some might point out EMC. I’m talking independent of Lend Lease.
Just something even if at a small scale in the water at Garden Island would be better than this. Could you just put a cable up the old pipeline if its still there.
Who could knows with this company other than they are going to most likely burn thru cash and come back and asked for more based on what I’ve seen them achieve.
Do they just wants to be an indulged child living off daddy.
Well I ain’t your daddy and your too impotent to attract one.
Negative on this company but would love to be proven wrong.
CCE Price at posting:
3.0¢ Sentiment: Sell Disclosure: Held
