considering this install is "kinda" "not kinda" a halfway point between Jemmalong and Kidston - I am actually happy to see Bulli be another location for GNX to have solar... it is still in a coal dominated part of the NEM - so spot prices are likely to sit high for a while... it is geographically different - so cloud cover likely to smooth generation profile of group... PLUS as long as we are developing solar AND BESS at the same time I think the returns will be favorable
IMO future cashflow from Bauldercombe BESS and Kidston PH are already being allocated to new projects... PLUS we have Kidston wind to develop and fund...
I am personally excited to see this all develop, but I am struggling to see it occurring within the stated timeframes without further equity contribution (via placement or CR)
considering this install is "kinda" "not kinda" a halfway point...
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