To GNX shareholders,
Something currently not being factored in GNX valuations and not being factored by the market is the fact that Hydro agreement with Energy Australia is based on a base MWH but adjusted to CPI. Given that on the cost side its mainly fixed in terms building component, interest on the loans etc.... any inflation will be positive to the revenue side and very minimal on the expense side. Given Hydro will be our main revenue stream once it comes online this is a significant increase in valuations not currently lookd at by the market.
Have a great w/end folks.
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