GNX 0.00% 27.5¢ genex power limited

Ann: Completion of Kidston Hydro Technical Feasibility Study, page-19

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  1. 489 Posts.
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    I'm in 2 minds about this one.

    Yes, it's required for our transition to a low-carbon future.
    Yes, the 250MW is too small, though larger power output would also require a larger volume of water and less run-time.
    Yes, the directors are still paid too much imo.
    Can the financials be backed up with SRAS contracts as well as FCAS contracts?
    Will we be required to maintain a minimum water supply available for FCAS or SRAS contracts? Are we suitably compensated for these?

    Future SP gain is not my concern, I'm young, I'm interested in future return on investment over the coming 3 decades.
 
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