Reality check
An ASX listed company finds gas in Zimbabwe.
The Asx listed company agrees to sell that gas to the wholesaler at the world wholesale price. The retail provider has to sell the energy to customer’s for 30% of the wholesale price because that’s what the market can afford.
It appears to me, an ASX listed company can not afford to supply gas or any other energy to the Africa market.
The winner is Scott. The loser is shareholders.
Ann: Gas Sales MOU Signed for 500MW Gas to Power Project, page-163
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