Member Info for Sanibel

Surely results of the diamond sales anytime now. Will be interesting

Thinks are taking time but I am confident we are moving in the right direction. The technology works and demand will grow. I think we could start moving up again soon. GL

Next RNS worth waiting for I am very hopefull of that

Zorns spot on with your post. Lets see where we are after the next RNS and further down the line in a few months. GL all

This bit of news is going to mean little with what we have to come. Roll on the next RNS

up 22% now nice RNS

and up over 7% on the news

RNS out

Looking forward to reading the next RNS. Hope I am right but have a feeling it will be a good one. How much have they got for them sparklies ? GL everyone

RNS out lol They must have heard me

Not impressed by the lack of communication here. The SP is stuck in reverse and something positive needs to happen quickly imo

We are heading for something big thats for sure imo Watch the sp steadily rise from here GL everyone

Things were starting to look good with the RNS the other day. I think things are now definately good for FDI. This sp will I believe start the climb up again. Any more good finds and getting to the better quality stones is going to be great news as they get released.

Wasabi Energy looks to move into profit By BFN News | 11:20 AM | Wednesday 29 August, 2012 Wasabi Energy LD ORD NPV (DI) (WAS) The Group loss for the year to 30 June 2012 at Wasabi Energy (AIM: WAS), an emerging independent power producer, was nearly £4.8m. In the previous year the loss was around £0.35m. The latest figures included a non-cash loss on investments of around £2.4m. A recent placing with UK institutional investors raised £3.3m and a non-renounceable rights issue produced £2.5m. Mr. John Byrne, Executive Chairman of Wasabi Energy, commented: "I am pleased with the advancements we have made this year toward becoming a profitable, independent power producer based on our proprietary Kalina Cycle�® technology. "We are well placed to build on our progress in the coming year and have an established portfolio of projects in place to meet our target of 25 MWe of our own power production by 2015. Additionally, our licensee partners continue to make great strides in accelerating the deployment of the Kalina Cycle�® technology worldwide. These developments, combined with growing demand globally for reliable power, give us confidence that we will achieve our growth targets. "The loss for the year comprises the non-cash write down of Australian Renewable Fuels of AUD$3.7m and the cost of developing the power production business. Within the power business, we have budgeted for and expect to incur an operating loss while the development of power projects are implemented due to the time it takes to develop, build and commission power plants. "Current revenue for the power technology business represents engineering and licensing income to date and we made a small profit on this part of the business through GGL. There still remain future revenues to be generated from our build own operate plants, currently underway in Turkey, South Africa and elsewhere, as they come on stream in the coming financial periods. "Following the recent successful placing and Rights Issue and along with the disposal of non-core assets, the funding requirements of the Group moving forward are covered." At 11:20am: (LON:WAS) share price was +0.01p at 1.18p Story provided by StockMarketWire.com

Welcome aboard Wish you luck here

Agreed. They have some clever technology and can apply it in many areas. Interesting times ahead here imo

Massive potential. RNS re webcast well worth a watch

Making great progress. Still way under the radar Think this is about to gain momentum GL all holders

A slow burner this one but def going in the right direction.

So they sold 9.7M but as you point out have 239M. Who says they are going to unload them all ?