RNE 16.7% 0.3¢ renu energy limited

bullish on the charts, page-21

  1. 1,940 Posts.
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    Quicky,

    No probs mate. Don't worry, GDY will get there eventually, there's enough geothermal resource to justify truckload after truckload of cash to be thrown at that project.

    They have approximately 10GW of power, which is enough to supply all of NSW, and it's base load clean energy.

    The only problem is getting that energy to market. Where they stand at the moment with the Innaminka project, GDY are still probably 3-4 years away with a proper grid connection. That is assuming they get the $600m (approx.) that they need for the grid connection.

    Butchy.
 
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