GNX genex power limited
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Ann: GNX Welcomes QLD Govt Announcement of Strategic Transmission, page-4

  1. silu73
    1,117 Posts.
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    05/06/17
    09:50
    Post #: 25095141
    Don't think management ever intended having to come up with the $150 million themselves but in politics things can change quickly so having the support of the QLD and Federal government cannot be underestimated. Also when negotiating finance terms for the project any kind of uncertainty would be detrimental.
    GNX Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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