Yes, it does take time to build a power station, so does the share price only become strong when production is near term?
Again, to quote "So the current value should reflect these timing aspects (Kingaroy 2-5yrs, Pakistan 5-10yrs),and the fact that many hurdles need to be crossed for the project to go ahead, let alone succeed. Obviously 'til further into the future a cash flow is, the less value it should be ascribed".
DrP, does this mean that the share price won't go North until further down the track? ie when the power stations are actually built, and a cash flow is happening? I realise there is a lot of interest in CXY, but in light of your valid comments, is this a stock to be held Long Term?
CXY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
