Australia's largest stock trading and investment forum Australia's #1 stock forum

GNX

Click for more information

0.00%

27.5¢ genex power limited

General GNX News, page-2012

First 2012 Last

Share
Profile

Follow
peejay2

5,167 Posts.

404

07/05/23

20:46

Post #: 67648506
Share

Originally posted by aclemence: ↑

I understand Snowy did not have favourable ground conditions. That would have made their tunnels and caverns a bit tricky, though this was many years ago so I don't know what they're up to now.

That's a risk that any PHES project carries until the core holes are done and the ground assessed. Even then, without full seismic, fault lines may still be missed.

Expand

Irrespective, budget now closer to 6 Billion and est time of completion will be Lucky to be within this decade !
https://www.abc.net.au/news/2019-04-09/snowy-hydro-2.0-cost-and-timeline-blows-out/10983998

Good for GNX !

GNX Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

What each US election outcome would mean for Australian companies & investors

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

There are more pages in this discussion • 211 more messages in this thread...

First 2012 Last

Add GNX (ASX) to my watchlist