re: Ann: Electricity Development Project Pre ... Would have preferred to hear about a joint venture to prove up more gas, but i guess that has to wait.
Still a very promising proposal and they should get funding. The carbon offsets or CDM's give it such a massive return I can't see any bank having a problem funding it. In europe it really is a win win to become a substantial downstream electricity producer if you've got gas coming out of the ground. something aoe know all about in Qld and they don't even get any carbon credits.. Must look pretty interesting to them on that basis.
Fingers crossed ...the sp looks a bit precarious right at the minute..but tax loss selling is an issue and I am buckled in and waiting on for July 1 for the dawn of a new era (I hope).
EPG Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
