Hey Syders, don't get too exicited! What about the $15M - $16M LOSS, granted after impairment, but still a LOSS. Didn't help the S.P.
However, as the shares are so cheap and in view of all the approvals regarding Pt Grey, I suppose they are a 'good buy'.
Interesting to see that Peel Water will provide both drinking water(?) and effluent disposal without linking into the W.A. Water Corporation Water Supply and Effluent disposal systems!
Where are they going to obtain their potable water supply and how do they dispose of the effluent??? All a bit 'airy fairy'. It cost the Queensland Govt. squillions to build an effluent disposal plant which would convert RAW EFFLUENT into POTABLE water using reverse osmosis.
This is your challenge - TELL ME HOW AND WHERE DO THEY FIND THE MONEY!!!
PBD Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held
