GNX 1.82% 27.0¢ genex power limited

Ann: K2H - Construction recommenced on MAT excavation works, page-4

  1. 663 Posts.
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    Agree. most of risk is in next 6 months as mat and cavern are being completed. hard to see deal beong completed before then, so reckon price will collapse till that is done (i.e. pricing significant problems as a near certainty rather than a low probability). at that point, battery will have started up, and hard to see holders gifting all the upside to a bidder with only 18 months to go to $55m+ hydro revenues/yr
 
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