KPO 5.26% 1.0¢ kalina power limited

Why would anyone trust them when they have repeatedly misled...

  1. 1,416 Posts.
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    Why would anyone trust them when they have repeatedly misled investors. They may eventually get to FNTP but it will get harder to make a deal financially. The main issue I see is climate change will increase the price of carbon offsets going forward and this will dent any profitability and financial institutions will be looking very closely at that, remember they are a carbon emitter it is gas fired electricity, also they lost the credits that they were relying on which makes it worse as now they have to use economic dispatch so only generate electricity when it is profitable. So it is not a done deal my any stretch, it is a maybe. For sure it will get delayed, no way this happens before Christmas now IMO but KPO shareholders are used to delay after delay, this project has already been delayed a couple of times already, one more makes no difference, just more of the same.
 
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