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Krugodam

61 Posts.

29/09/16

09:33

Post #: 19497410
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Originally posted by JCoure ↑

Oil, gas and electric all have the existing business recovery plans, insurance companies support these sources and have done for decades. The Port Augusta power station would have done the trick. Why get rid of Port Augusta power station in favor of the non-reliant, intermittent, infrequent, debt-laden power sources of the kind supported by IFN?

Will South Australians and Australians in general look at those confounded bird-killing, eyesore and land-blotting wind turbines in the same way ever again? What do you think?

Why concentrate all your energy on one interconnector and the intermittent renewable sources? Jay Weatherill by name, with a name like Weatherill, you would think the SA Government would have had a better energy mix and not sole reliance on renewables when the interconnector went down?

Do not think there will be much ability to short this once the market opens unless the information lag is significant.

Babcock and Brown Power fell in an insolvency ditch. They will not be last of these sorts of companies to experience that IMHO.

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If someone can tell me how to ignore members who limit access to their profile (so you can't put them on ignore that way) that would be great.

IFN Price at posting: 80.0¢ Sentiment: Hold Disclosure: Held
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