Time to breakout, page-1357

@Therookie88 I agree with you that they would be knocking on the door of TMT as we speak, and if TMT management want to go down the path of MOU's prior to making them binding I think we might see something of that nature sooner rather than later. I'd prefer not to see an MOU as the market does appear pretty sceptical of them and fair enough if you ask me. Cross T's, dot I's and seal the deal and then release to market, that'll get people excited! And absolutely agree and as I said the other day I think it would be a great initiative to sign up a cornerstone investor (could also be as you said an off take partner), at a premium to the current price, which our low liquidity makes a possibility.
150k is a nice round number I still hold a few AVL ($ value only about 1/5th of my TMT holdings), as well as a couple of energy technology companies. They don't have the same risk/reward profile as TMT but I thought I had better diversify a little bit outside of the resource sector, while maintaining the energy (revolution, in my opinion) theme.
On another note, I have a great subscription which the author puts out a number of podcasts with company CEOs, Chairmen ect each week, as well as a summary each Saturday regarding a number of issues, primarily finance, politics and economics. A subscriber recently asked for him to summarise what he believes are the five biggest megatrents coming out of Australia. Number one on his list is Energy, I will copy the extract below.

1. Energy
The megatrend is the global shift from fossil fuels to renewable energy, mainly wind and solar. It is caused by world-wide effort to deal with climate change and the plummeting cost of solar PV and wind turbines, but Australia has managed to shoot itself in the powerpoint, so that instead of being an exciting opportunity for investors, energy is in crisis. That’s about to change.
At the same time as the rest of the world was working towards some kind of scheme to limit carbon emissions a decade ago, Australia lurched into political warfare over it. As a result of the policy vacuum, there was an investment vacuum, so that when two big coal-fired power stations died of old age – Hazelwood in Victoria and Northern in South Australia – supply fell short of demand and prices rose.
It doesn’t really matter whether the scientists are right about global warming or are part of a giant left-wing conspiracy, the problem has been the failure to agree on policy, coupled with political instability.
But now the trend towards renewable energy looks unstoppable whether the latest attempt at a bipartisan policy – the National Energy Guarantee – gets up or not, although without it Australian investors will have some extra lead in their saddlebags.

Bring it on I say!