GNX genex power limited

Ann: Trading Halt, page-12

  1. 621 Posts.
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    This has its own thread. Not related, afaik.

    Beon Energy Solutions owns the EPC contract and will the job done on time at a fixed cost. If they don't it is us who are paid. We have a tonne of Jemalong cash in the bank, regardless.

    Going off the investor presentation it's more likely that this is for Como, our Powerlink initial contribution needs to increase or there's been a shortfall on the developer margin in our equity partner deal.

    https://www.freshequities.com/ASX/GNX/offer
    Last edited by jezyh: 06/08/20
 
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