ESI market darling ? .. that's a huge call mate, but hope you are right just the same.
However,,,all things not being equal,,, the market would be taking note of the PM's statements that are in today's printed media .
One in particular c/- the Australian where she states quite clearly that coal will remain in Australia's energy mix for AT LEAST THE NEXT 40 YRS, whilst also indicating that coal will be ( carbon ) taxed into oblivion over time.
This would have to intimate BCE in the valley is a National requirement asap.
Heat and squeeze or liquifaction options along with their toxic by-products must also be considered,,, but I know what the greens would say...
Pity there is not enough cheap gas in the valley or Bass Strait to guarantee a base load generation strategy.
I guess Victoria will just have to do the medium term pragmatic thing that PAZBOZ has stated so logically over the last few years. BCE,, THE BUCK STOPS HERE.
ESI,,, WORTH 2C once the cap raise flag is run up the pole from half mast.
ESI Price at posting:
0.5¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)