This is a company that really is "Emerging Leader in Renewable Energy" as their motto claims.
Last year achievements were really impresive and its market valution went from $36 million to $56 million and going to get lot better IMO.
I have been shareholder for about 6 months and during this time the company was going from strengh to strengh. Just see the company announcemnts, they are making real money, getting many new contrats to establish and maintain new projects and building long term income streams from supply, maninteance and management contracts from completed and about to be developed projects.
The Chapman Island project has been commisioned and will bring $0.7 million a year for next 20 years selling wind generated power to the community previously dependend on diesel generated electricity. The Thailand,the solar power project should be adding similiar cash flow next year and roughly adding same again per year for next 10 year in my estimate.
These are projects already in works, many others are being negotiated and are in advanced state.
CBD is on a winer here, as the whole world is establishing renewable energy targets, the demand is guaranteed.
Just watch them grow. I see a great future for this small cap.
CBD Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Not Held
