If the PH can get off the ground... GNX would be worth more than $0.20... but it cannot currently fund the job by itself... if EA don't come onboard with their capital - GNX may be worth a lot less...
many a research paper out there at present showing how little value there is in solar installations without a storage facility (such as chemical battery or PH) - many pure solar installations (which is what GNX is without the PH) are running at very small margins or loss... due to a number of factors - such as network curtailment, low/no PPA's, low market pricing at times of generation + all the stuff that Ash & jezyh are going over.
The PH has to happen... and GNX needs to start NOW, at present there is a first mover advantage that needs to be capitalized on - how long does EA have before they need to formally say they are in - or out? If they are out - a new partner needs to be found ASAP
GNX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
