NRZ 0.00% 0.4¢ neurizer ltd

Ann: Generators acquired for LCEP upstream operations, page-8

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  1. 1,128 Posts.
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    I think you missed the bit at the bottom of page 2 which states:
    ”with the extra power to be commercialised to third parties.”

    I think this is a smart opportunity and means that if stage 1 is complete but stage 2 is delayed then they at least use it to generate some revenue. They will hit some roadblocks in negotiations going forward and this gives them a bit of breathing space and lessen the pressure to sign up a poor stage 2 deal because they need to earn some return on their stage 1 investment.

    great news regardless of whether they do commercialise the extra power or not.
 
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