re: Ann: Macquarie Australia Conference 2012 ... A friend of mine sells contracts for them.....when they floated he was in without hesitation. He says they are headed for great things. His reasoning was based on the carbon tax (hitting coal fired stations heavily) and lack of sufficient water to drive coal fired stations long term (water will also become much more expensive), the inevitable rise in gas prices (and ERM hopefully sourcing there own through exploration) and the quality of the management team.....
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