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But look at the CWE share price graph over the last 2 years, then think again. CWE will very soon be taking world attention in the press with its first fully functioning fully used wave energy project off Garden Island Australia. REH = Power play 35% on the CWE rise = 1mil on the REH cap. Market will play a very fast sudden catch up as you will see from the REH volitile history of ups.
Now its going to start getting very very interesting, the press will very soon start to jump all over this. Pure clean electricity from the oceans waves and now almost there on desalinated sea water for drinking. No coal ´, no oil, no carbon, no atomic reactor no lack of drinking water....... Carnegie wave energy, a world first clean wave energy company. I recon the US Navy will be a first major commercial customer for places such as Diego Garcia.
FROM DOWNUNDER http://hotcopper.com.au/threads/ann-desalination-pilot-plant-update.2466389/?post_id=14827469#.VO-l-fmsWCo
Just got smaller!
Read back a few posts. It's good. I think it could be a director buy. There is major activity in Australia that may interest you.
A mill market cap!
Finally ally catching on. Market cap under a mill and with potential to increase!
Great to see another poster!! Im shocked, welcome to lively board. OK CWE holding by REH is 5.9%, second the company dept I can assure you is just under 5.5 million, that I have confirmed from a source inside REH and that 5.9 % is solid locked into the loan facility as security against the dept, so cant be sold. I also cant agree that the value is not as stated as its an asset and most likely will be sold to another company such as an Istitution who needs a renewable pilar in any portfolio. So for me the value is the market value, 3.58million GBP of CWE shares. I will also add the other 2 projects are now worth less than 2 million if leveraged against the dept, so for me that makes REH a shining binery play with a huge multiplier in CWE simmering away. Just to add, as a failed business a very small cashshell will also be worth around the same value as todays market cap. I call it a classic case of wait and see but my track record normally calls it quite well (XTR excluded)
Great post there at 17.30 Drif, you know I think you may be best poster on here in REH.
that's the value of the carnegie energy shares last night. Carnegie is now on a record high for 2014 and 2015. REH reh is suddenly looking astonishingly attractive i just wonder when the market will move but until it moves i await a sudden pickup in volume to send it off.
Paid, much more fun here than expected!
http://www.abc.net.au/news/2015-02-18/wa-wave-energy-project-turned-on-to-power-naval-base/6141254 The sp will rise from here!
May it continue. Its a sleeper for me with a order well above todays SP.
60p that'll make me laugh!. I'd retire young! Im looking more at 6p.
Easy one - - planning permission cock up! Other reason - - they have 5m dept. Now REH Have planning submitted and CWE is riding well. It's a crazy price, load up and wait, it won't be long or disappointing! Do homework!!
Why do the crowd take so long to arrive!!!
Planning permission will be worth in the region of 10-30million to REH on the Welsh project. Minus dept still a multi bagger, add in CWE and then will definitely news coming from there we could again bag up here from there.
It's my little sleeping missile! By 30th November there will be a mighty lift off but that's the gamble, I'm in for CWE and the short term news from down under. Good luck with all princess and let's see NIPT make us rich.
http://hotcopper.com.au/threads/ann-appendix-4c-quarterly.2447266/?post_id=14664530#.VMq0Q2isWCo
Large buy just in on a market cap under a million.