Hi Michael,
I agree. I'm personally against the tax - however, with my holding in MNM - I do see this as a postive for this stock due to the certainty it creates for energy generators to make investment and capital decisions.
It wil be a catalyst and create urgency to drive further investment into cleaner technologies, and given Victorias (and potentially MNM) abundance and advantage of brown coal deposits.
Exegens CHD is the technology key to unlock a significant amount of value in MNM deposits.
Going forward under carbon price / ETS - only sources for baseload will be nuclear (long term) and clean next gen coal plants using CHD coal.
Very much looking forward to successful pilot plant trial results, and also EPL confirmation on the BM AND LV deposits.
Exciting times ahead for MNM.
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