NRZ 12.5% 0.4¢ neurizer ltd

5MW gas fired power plant, page-2

  1. 10,935 Posts.
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    I certainly hope so!

    From slide 9 of the Sep preso

    https://hotcopper.com.au/data/attachments/2781/2781743-24983a3b409f23d3d5f8374a85d8aab6.jpg

    Bit late for bullet point #4 ... surely that is already accepted and I read bullet point #3 as an ongoing optimization program.

    Which takes us to slide 10 ... with my couple of ticks to show announced completions

    https://hotcopper.com.au/data/attachments/2781/2781770-56e6444ac41d01b8e25de17097f1ede8.jpg



    @seanbuccs, I'll go with @Pie-O-My estimate but make the observations

    (1) I've seen US data (2018) showing combustion turbine plants costing ~US$604 Kw as "construction cost". That put's it at a mere U$3M. But of course no economy of scale or location advantage. Triple it for Australia so US$9M or AUD$12M

    (2) Financing
    (a) the $18M placement is to
    https://hotcopper.com.au/data/attachments/2781/2781778-cfdc5953a6081c39e59cdf82a87c50b4.jpg
    I don't think that rules out requiring additional capital in 2021

    (b) the Placement ensures commercial works (stuff in the EPCM gets going) STARTS
    https://hotcopper.com.au/data/attachments/2781/2781782-0472f1c33febfb914b2072e4e673e586.jpg

    Starting and completing can be far apart.

    What will confirm the project and thus the funding for completion of stage 1 and stage 2 is FID

    Notice it says Stage 1 - FID Planned ... when that says FID Approved then I'll get excited.

 
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