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Cungi

156 Posts.

19

19/07/17

22:50

Post #: 25969242
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Originally posted by rastus2 ↑

Great to see political support from Qld Gov and Herbert MP Cathy O’Toole.
Cathy is ALP so her support, while great, needs to be viewed through that lens.

What we really need to lock in is that funding from the NAIF IMHO.... we may be in the top 5, but I want to hear a rock solid approval asap.

We need these kind of comments from Federal Government MP's in the Coalition as well so that there is bi-partisan support for this project.

While they argue about Adani and other projects getting NAIF money, it would be nice to see them agree on the Genex project getting it.

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The below institutional research from Select Equities earlier this month is on the Genex website:

http://www.genexpower.com.au/uploads/6/6/1/2/6612684/gnx_stock_brief_02_070717.pdf

Lots of scenarios and detailed analysis. I think the risk rating of "High" is too high.

Last edited by Cungi: 19/07/17

GNX Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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