Well this is a very interesting down streaming, vertical interaction strategy. Without doubt there are going to be plenty of hoops and hurdles but I’m thinking I like this.
The reserve downgrade is a negative but utilising our own gas for power generating is a major positive. As long as construction cost can be keep under control this will fill a demand for power that is every increasing.
Looking forward to an interesting week and watching how the market receives this.
Ann: South Erregulla Peaking Power Plant, page-8
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