carbon tax passed by senate, page-8

The key pointer for this stock is not the passage of teh carbon tax legislation. The SP has tracked 50% since the early elation about the de-risking of the renewable sector.

As stated previously the key pointer will be the next pipeline announcement from GDY itself. If the next announcement is about certainty and delivery then a bounce up to the 40c level can be expected. If, however, the hext announcement is more of the same...timelines pushed out, further complications with drilling, logistical difficulties with the grid etc...then the fragile residual belief that is left will be lost and the SP will tank with little prospect for recovery.

Faith is at stake. Get it right GDY...you and your believers will be paying a massive price if you get it wrong (again).