RNE 0.00% 0.4¢ renu energy limited

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  1. 1,856 Posts.
    It's a pity that the election isn't two months later. There's no way a responsible government can throw money at a company that might not be able to deliver on its promise (even if we all know it's overwhelmingly likely that it will succeed). Can you imagine the public outcry about wasted millions if GDY were unable to demonstrate adequate flow rates? Petratherm, like Uranoz, has many different irons in its fire, and if one fails it has others to fall back on. The government has played it safe - as all governments should.

    I have shares in neither PTR nor GDY, and I'm still in wait and see mode.
 
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