FAR
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2.02% 50.5¢ far limited

Ann: Investor Presentation - RIU Good Oil Conference, page-94

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  1. subi1
    8,608 Posts.
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    22/09/19
    09:46
    Post #: 40512651
    Originallypostedbywhisky49
    FairenoughGeelongItendtolookattrendsfromaworldperspectiveasAustraliaisjustaverysmallcog,howevereveninAustraliapowerfromrenewableresourcesinontheincreaseannuallywithSouthAustraliaandTasmanialeadingthechargeandonewouldexpectthattrendtocontinue...I'mfromovertheditchwhereover80%ofourpowerisfromrenewableresources.

    Theyhadapoleoverhererecentlyinwhich75%oftherespondentssaidtheywillbeconsideringanEVastheirnextvehicle,polesdon'talwaysconvertintofactsbuttheawarenessisoutthereandwhentheeconomicsmakesensetherewillbechange...RangeandcostissuesarebothwithinayearortwoofmakingsenseIMOandwillcontinuetobecomeevenmorecompellinggoingforward...DespitebeingafanofFARIwouldlovetoseetheuseofOilforenergyandtransportdecline.

    WithregardstonuclearenergyIthinkthedroneattacksinSAareanotherreminderofthepotentialdownsidetothatformofenergy,efficientasitis,butAustraliahasthelandandtheclearskiestotakeadvantageoftheworldsbiggestsupplyofnuclearpoweredenergyandit'sgoodtoseetheyarebeginningto..

    AnywaybacktoFARandtheslowgrindtoproduction,atleastthisdiscussionhelpsgetusthroughwhilewewait..nothingnewinthethepresentationbutwedoknowwearegettingveryclosetoanumberofimportantissuesbeingresolved....

    CheersWhisky
    Hi Whisky

    What is the make up of your power. 80% doesn't really seem achievable here as to get where we have now has required massive Govt subsidies.

    Is your renewable Hydro or if not what else?
    FAR Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
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