luckbyjudgement
10 Feb 2015
Re: Little update still going I see.... now due Feb 18....[link]
luckbyjudgement
30 Jan 2015
Re: Little update thanks Jimmywoo, hope they get to a positive resolution soon.
jimmywoo
30 Jan 2015
Little update I have had a reply which doesn't give any new information but reiterates that they are still busy and getting on with things. Please see below....."We are working through the placement of the shortfall and are nearly completed with this process. Unfortunately the Christmas period and summer holidays in Australia have delayed this more than expected and it is only this week that we have been able to get traction again with the various investors who have expressed their intention to participate. We expect to complete the process over the coming week/10 days and will provide an update on the issue and general operations at that time. In the interim, our main project in China with Sinopec is progressing towards completion. The major items such as the turbine and generator are on site and being installed. We are waiting on an update from them next week and expect them to be on track for construction completion towards the end of Q1. Full commissioning and hand over is expected in Q2. The four major new Kalina plants costing $75 million are scheduled for completion by license partners over the next six - nine months in China (above), UAE, Germany and Pakistan (DG Khan which is already operating well but requiring final sign off) and these are expected to result in a significant increase in orders and market awareness.Also important for the near term, the Company is looking to incorporate Kalina Systems into coal fired power plants, a solar thermal system and as a bottoming cycle on a geothermal project in 2015. These will be undertaken in partnerships where we will provide the technology to project owners and work with them to develop IP as appropriate to the specific sector."Hope the above assists some and encourages some that they are still working hard for a positive outcome.All the best to all other holders.
jimmywoo
29 Jan 2015
No update.... Up until the last six months, I had been in fairly regular email/phone contact with John, and since all the troubles I had with getting the recent options through Barclays, and since the recent news that they got nowhere near the required amount, last week I decided to write an email to John for an update as to his plans now......he hasn't responded as yet, but will let people know when he does.....no inside information is ever given, but it would be good to know what his current plans are.All the best to all other holders.
Ru 8746
22 Jan 2015
Re: ...? Nice to see you're still here, though, LBJ! Hope the other lines in your portfolio are looking more promising than this one!
luckbyjudgement
22 Jan 2015
Re: ...? all ominously quiet on ASX so far...
Ru 8746
22 Jan 2015
...? Any news, anyone? With the oil price collapse, have we just been too early betting on the marketability of a technology designed to reduce wasted energy?
Ru 8746
18 Dec 2014
Re: as expected - shortfall So do I. I'm guessing the oil price isn't helping us though!Good luck all,
luckbyjudgement
17 Dec 2014
as expected - shortfall hope they can find some additional investors to bridge the gap...[link]
Ru 8746
02 Dec 2014
Re: short extension to offer timing.. Fair enough - should give Barclays and any other brokers who weren't on the ball enough to get themselves organised on the first (two) timescale(s) sufficient time to facilitate take up for any other stranded UK-based PIs who may be interested. We'll see...
luckbyjudgement
02 Dec 2014
Re: short extension to offer timing.. seems they're assuming they'll need some additional support -they've extended by another couple of weeks: [link]
Ru 8746
02 Dec 2014
Re: short extension to offer timing.. John Byrne underwriting some of this is good enough for me. I've taken up all my rights, but on my original purchase this was peanuts, so I've also applied for a chunk of additional shares. Enough to make it a decent investment if it comes good (which I think would be unrealistic on the rights alone, following the dilution) and a loss that will be worth claiming against other gains if not!Let's hope the technology stays good and starts making money!Good luck all,
luckbyjudgement
28 Nov 2014
short extension to offer timing.. .. and minor tweak to subsid..see letter..[link] prospectus[link]
Ru 8746
27 Nov 2014
Re: Unable to take rights through Barcla... ...but can you buy ASX-listed stuff through Barclays? While AJBell (YouInvest) let me take up my rights (and subscribe for some additional shares), I think I'll struggle to sell (or buy any more) unless they re-list on AIM...Good luck all,
jimmywoo
26 Nov 2014
Re: Unable to take rights through Barcla... Very annoying and hopefully will be cheaper when relists on asx....
