ZEN zenith energy limited

It is a particularly 'political' statements from Hamish. Working...

  1. 5,894 Posts.
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    It is a particularly 'political' statements from Hamish. Working better than expected. Not battery - as battery too expensive currently - and still smooooooooth power supply. And no govt money..... meow!!!!!!!! You recall Hamish told me there were a lot of strings attached to Arena money that they did not like. I will guess one string is the technology IP needs to be shared into the world (so others can copy). Well, we have kept our IP, the govt is not fingers in.

    You recall the post Tanami projects they had on the plate. We have only a bit to finish the plate. Barrow and another generator at SLR.

    (1) Jundee uplift,
    (1.5) first half SLR uplift,
    (2.5) Kirkalocka,
    (3.5) Nova Solar,
    (4.5) Barrow,
    (5) second half of SLR uplift.

    And I think there is a 6th.... ANOTHER Jundee uplift (21 Nov announce)

    Anyway, back to this Solar. I have stated I think this is a game changer. Since it is BOO (no counter parties... just us). If this goes well (so far, so good) they should replicate it at a few places. And when I did talk to Hamish they are investigating different battery tech so when that is appropriate, they will indeed use it.

    But our Zenith is just doing what they do. Slowly, slowly. BOO on time and on budget. Win for us and win for client.

    I am a little excited by the big NST play in the market right now. NST and ZEN work well together. So I wish NST all the best in their expanding.

    I dont know what will be needed to boost the share price. Still bits and pieces trade at 62.5. That is too low. This share should be between 67 and 70 cents - in my 'wise' opinion. People are missing the economics of the Solar. If you go to the IGO web site one of their presentations show the lower cost of PV electricity compared to diesel. So, in fact, the 'fuel' supply to us is cheaper and the cost to the end user is cheaper. The client supplies the energy (be it diesel or gas) and Zenith converts it into power for them. Well, the client now gets SUN for free (well it is actually the equivalent of 60 cents per diesel litre). I hope I explain well. Because this is BIG and Mr Market still dont get it!
    Last edited by danhoff: 18/12/19
 
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