This looks like another case of feeding at the trough. Easy money @4.32p, something like 30% under the current SP - notwithstanding what the SP could be in three years time of course. But if all their bullish words are fulfilled one would suspect 4.32p would be a bargain.
I've been looking here but I find that rather off putting because management aren't exactly stretching themselves to perform are they?
Under this new agreement Ceres will supply a complete system for testing by the (unnamed) potential customer.
If successful, the two will jointly develop a multi kW electricity generation system.
The fuel cell uses a perforated sheet of steel that has layers of ceramic ink printed on to it. The ceramic layer coverts fuel directly to electricity and can be used with different fuel types such as natural gas or hydrogen.
The agreement follows recent advances on its technology that have… Read More
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