InvestorsHub Logo
Followers 19
Posts 2606
Boards Moderated 1
Alias Born 03/24/2007

Re: None

Saturday, 10/24/2009 10:43:39 AM

Saturday, October 24, 2009 10:43:39 AM

Post# of 915


Response from IR for clarification of last PR .......

Thank you for the feedback. Let me try to clarify the key messages in the press release:
1. Construction phase is finished.
2. All necessary equipment has been installed.
3. Company is testing equipment and making necessary adjustments.
4. Once testing phase is finished, i.e. Plant is fully-operational, commercial production will start.
5. Once commercial production starts, it may take 6-12 month to reach full capacity... (The constraint being market demand).

Assuming there are no issues with equipment... Commercial production could start shortly... We will make an announcement when that happens.

China Clean Energy sells mostly on the spot market. That is why you have not seen contract announcements.

I hope this clarifies the announcement.

When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.
Confucius, The Confucian Analects