GNX 1.89% 27.0¢ genex power limited

Ann: Genex secures long-term offtake with Stanwell for 258MW K3W, page-3

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    Wow this is massive. It effectively means that construction cost will mainly be debt financed and surely when undertaking this modelling is undertaken to ensure shareholder returns are viable. Hence, no major CR required. On top of this the Labor Government would be tripping over themselves not to put in some money when they are desperate for investment in renewables to achieve their targets which may I add includes zero nuclear. Effectively this for me means once Hydro and K3W is finalised we are looking at a company moving toward 40 cents a share without include anything else in the pipeline being built.
 
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