GEAC / LYP closure , no chance they can make a profit out of the carbon tax , instead of paying $1 or less for the lignite they can use coldry at $ 10 per ton to $12 , more than halves the carbon tax bill of $23 per ton , the rest is more than compensated by the margins on the export of BCE if they choose that path .Prices for coal with a calorific value between 5400 to 5800 with low sulphur and ash above $100 US. Enough margins for LYP but can gradually retrofit and not disrupt baseload power to VIctoria and Especially it's 25 year contract with Alcoa , . LYP can Own the Coldry plant outright something that the opposition technologies may not be able to offer.
ESI Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
