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Your last paragraph sums it all up for me...my thoughts exactly....

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piwi33

2,776 Posts.

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06/06/24

19:31

Post #: 74202070
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Originally posted by tubbyguts: ↑

i don't have enough of the necessary details on which to base that opinion. GT got CIC cashflows from the BoD and that's more than we have so hard to really come up with another figure with anything other conjecture and bias assumptions

it is also worth noting from the GT report that despite some of our loans being concessional, we're in the hock for nearly a billion and since the last offer from SKIP the interest rate has skyrocketed and will stay high for a long time despite the offer being 10% above the offer 2 years ago.

so it's lower than I want, but it's more than I paid. my issue is more around local time money and effort being invested in developing these projects only to hock them off to overseas owners given the realisation of food, energy and land security being major factors moving forward - noting that you can't exactly ship electricity to Japan, but you can leave yourself open to free trade agreement if you allow international companies to owner your utilities and then try to regulate them....

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Your last paragraph sums it all up for me...my thoughts exactly. Frustration at this critical infrastructure ownership being a loss for citizens here.

GNX Price at posting: 26.8¢ Sentiment: None Disclosure: Not Held
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