go and download grd's last 2 annual reports. why not three eh. sorry matey but i don't want to see you with a heart attack just yet. this $4bn contract is old hat. just the financing is to be dotted and underlined. the contract is done. in fact it was done ages ago. it's all in those reports.
what is interesting tho and is not in the market pricewise imo is the fact grd do have other chances for renewables contracts in the uk. if they get one or two then they should be on their way credibility wise.
the eastern creek plant is grd's showground.
again, fwiw and imo, once estern creek proves profitable, well and truely so, then yes, grd will run.
a lot of patience is needed now.
brazil has room to disappoint too. hope not but that's often a case with overseas and different culture contracts.
i like grd. good crowd. price somewhere balanced give the pros and cons. watch it closely tho.
cheers, 40.
GRD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held