Successful applicants for Round 2 of the GDP grants will be announced shortly. There are 5 only available (x $7M ea) and there are 8 listed applicants. Who will receive these? I think the politics this time will favour distributed geographic regions with some aversion to those who have received grants previously. However, with the vagueries of politics, after the REDP effort, one can never rule out anything, and a grant could be offered to Macquarie Is for which the penguins still have to form a company.
My form guide is as follows:
KEN, Midlands Tas GRK, Perth Basin, WA, with UWA TEY, Parachilna Project, SA, JV partner AGL GER, Geelong Power Project, VIC, with Lakes, Wasabi,VicPet
and one of HRL, Koroit Project, VIC, GDY, Bulga tenement, NSW PAX Tirrawarra SA, and SAU miss out. These last few are harder to place as merit might be displaced by political expediency.
What do you think?
Juke
KEN Price at posting:
14.6¢ Sentiment: LT Buy Disclosure: Not Held