CBD 0.00% 1.1¢ cbd energy limited

Ann: AusChina Commences $220M Wind Farm , page-2

  1. 3,588 Posts.
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    Great start for Aust-China and CBD.

    Does anyone know anything about this Taralga wind farm?

    The Annual fee by 2013 would come out at about $1.1M. That is 20% of the total 2010/11 before tax profit. A nice addition to income in just two years time. From memory, CBD could get certain costs as well.

    However, I'm not jumping in to buy more just now. Apart from being loaded with CBDs, the SP seems to have died in the er back side. This Ann. will give it a kick (no pun intended), but I'm not conifdent of a long term turn around.

    But good news!
 
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