SLX 0.99% $5.12 silex systems limited

Explanation needed & make it a good one, page-26

  1. 486 Posts.
    “Forget about the 20% reduced output, it isn't about that!
    Look at it this way, if you could buy a fuel for your car that gave you a performance that was 20% less than petrol, but only cost 3% of what petrol costs, which would you be buying?”



    If you are referring to a contractual obligation – And that is what Silex would be engaged in – a 20% reduction in output would be a major failure in meeting contract obligations ---And this is exactly what happened at Nofa, and may have happened at Mildura......

    As an example:
    A - Silex signs a contract that promises to deliver, upon completion, 10MW of power.
    B - The buyer, after signing contract, purchases equipment that requires a minimum of 9.1MW to operate.
    C – Silex completes installation and tells buyer, “Sorry, the system will only give you 8MW of power.”
    D – The buyer replies, “Oh, okay.” I doubt buyer saying, "okay" & I don’t think it will be okay.
 
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