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Bullboard - Stock Discussion Forum Carnegie Clean Energy Ord Shs CWGYF

Carnegie Clean Energy Limited is an Australia-based technology developer focused on delivering ocean energy technologies. The Company is the owner and developer of the CETO and MoorPower technologies, which capture energy from ocean waves and convert it into electricity. CETO is its core wave energy technology, a submerged point absorber type wave energy converter which converts ocean waves... see more

OTCQB:CWGYF - Post Discussion

Carnegie Clean Energy Ord Shs > Carnegie Clean Energy
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Post by reify100 on Jul 10, 2017 12:59pm

Carnegie Clean Energy

This company has been into wave energy for some years then, last year bought another, complementary Clean Energy company.
Now, in addition to go'vt funding to develop (prove) their wave technology Carnegie
is building micro grids, with solar, battery, etc, and getting gov't and/or developer $$ to do this. With the recently elected Aussie gov't funding for a significant wave power installation is going forward.
This is not intermittent power. Overall it seems to me that this little company is on the cusp of first commercial success. I established a position at $0.05 per share today.
Comment by Tslayer on Mar 29, 2021 1:42pm
$0.05? Yikes. Not a good position considering they were trading at $0.001 in January. It has gotten close to $0.01 but even $0.01 is a stretchYou have a long way to go to break even. I hope you aren't in too deep at $0.05.
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