agl - latrobe valley, page-3

Here is an equivalent article in today's Australian..

http://www.theaustralian.com.au/business/companies/agls-15bn-power-bill-as-it-eyes-loy-yang/story-fn91v9q3-1226281061061

(Check out the graphs when you scroll over the photo, notice the increased reliance on coal).

So AGL are gambling on a Coalition Govt coming into power in the next 18 months and Carbon Tax to disappear for a while. Also Carbon Price in Treasury models is $29 tonne, so at these estimates still making profit.

Just trying to work out what $6 a tonne of brown coal means when you have over $2bn of it in the ground.

That's even before thinking about a JV with Exergen and the benefits associated with that, and black coal and csg (I think) in Qld.

Boy am I grateful to Vertigo and Hardman for there honest research a while back, without them I would have missed this life changing event.

Go MNM'ers.....