mret review great for phy

  1. 34 Posts.
    This stock has been depressed by uncertainty relating to the future of ther Federal Government's MRET legislation which provides the basis for the rnewalle credits which comprise ~ 50% of the revenue of a wind farm.

    The review was released today by the panel headed by former senator Grant Tamblyn.

    It is very favourable increasing the measure from a target of 9.5TWh to 20TWh, indexing the incentive after 2010 and extending it beyond 2020 for new investments to underpin their economics.

    Once a sceptic of PHY I now think that this provision of certainty and improved opportunity might see now result in a re-rating of the comnpany
 
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