GNX 0.00% 27.5¢ genex power limited

General GNX News, page-439

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    CLP Group had its Board Meeting today (24/02/20) - https://www.clpgroup.com/en/Investors-Information-site/Announcements%20and%20Circulars/2020/e_Announcement_BM%20Date.pdf

    CLP Group simultaneously released the following Announcement of Annual Results - https://www.clpgroup.com/en/Investors-Information-site/Announcements%20and%20Circulars/2020/e_Results%20Announcement_Final%20(20200223).pdf

    Genex Power is referenced here - "EnergyAustralia continues to evaluate other flexible capacity projects including pumped hydro projects at Cultana in South Australia and Kidston in Queensland."

    It is worth highlighting the below.

    CLP Group had a Board Meeting on Monday, October 21st, 2019.

    EnergyAustralia advised Genex it could not proceed with the original term sheet, per CLP Group instruction, on Friday, November 1st, 2019.

    Regards,
    Jez

    @Ashentegra I have your answer, however, thought best to seek clarification first. Hope to contribute back asap.
    Last edited by jezyh: 24/02/20
 
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