thumbs up H
JP obviously a heavyweight broker
70 pages! realistically 4MT pa out of newcastle is pie in the sky due to the intitial install being only 1-1.5MT modular..with upscale in 0.5MT increments...but they are welcome to speculate on our behalf!
Tantalising range of catalysts there...only one missing is the implications of carbon tax certainty..
Most exciting is the range of valuations applicable to various outcomes all with a certain amount of risk priced in..some healthy returns on offer there to cashed up jp clients on the sidelines...
like it
jp morgan initiate coverage, page-2
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