GNX 0.00% 27.5¢ genex power limited

Ann: Kidston Hydro Project - Genex Final Investment Decision, page-12

  1. 3,137 Posts.
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    Well done! This is a very positive ann that confirms Genex and their partners commitment to getting this done!!

    Yes, there is other things to complete but I suggest that as they have NOT stated any hurdles specifically this means they have all conditions precedent in place with all parties, just take some time to finalise the paperwork!

    This being the case we then have a substantial first Q21 to look forward to:

    K2H being fully financed and construction starting in earnest.
    K2W being advanced and commitment to that in due course.
    JSP coming fully on line so doubling our revenue.
    Battery project progress

    They're some very major milestones that hold a MC beyond what we are currently sitting on, hence me buying more when I can and see a bright green future...!
 
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