GNX
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0.00% 27.5¢ genex power limited

Ann: GNX Launches $90M Underwritten Raising for Kidston Hydro, page-7

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  1. jezyh
    619 Posts.
    lightbulb Created with Sketch. 228
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    24/03/21
    11:31
    Post #: 51999078
    This option sat in our back pocket after we received offers of $55mn in 48 minutes, for the Bouldercombe Battery, and turned good money away.

    I'll admit I was more than happy for a JV partner to take 50%...but the prospect of retaining 100% after the 30 years (if EA do not elect to acquire the project) is very, very, welcome.

    Regards,
    Jeremy
    GNX Price at posting: 27.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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