STX 2.50% 20.5¢ strike energy limited

Ann: South Erregulla Peaking Power Plant, page-19

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    Someone asked whether SN had any views about Gina's near 5 per cent holding, reported in The Australian.
    He played it with a straight bat, saying that anyone with a 5 per cent holding is required by law to notify the ASX.
    Too straight a bat, I dare say

    The moderator said they are posting the presentation on the company website, for those who missed it.

    One interesting question asked was whether the October 2026 start date was a P50 figure. SN said it was a P90 figure. That is, October 2026 is the highly likely start date assuming the approvals are received from the AEMO (the major risk/hurdle). SN said, however, they have received letters of support from government agencies, and the government is very keen to get back-up capacity connected to the network given the phase-out of coal.
 
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