ZEN 0.00% 91.0¢ zenith energy limited

Interesting space this for Zenith. The mine will need the "...

  1. 70 Posts.
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    Interesting space this for Zenith. The mine will need the " lights on" to be sold as a going concern. Electricity providors in the National Electricity market have an obligation to supply electricity to the administrators when a business collapses. Given this is stand alone and the assets are owned by a third party ie Zenith, and it is rather unique circumstance i expect there will be some wriggle room in the negotations with the administrators.
    I am intrigued to see how this plays out particularly the strength of the BOO contracts from Zenith's perspective.
 
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Currently unlisted public company.

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