Forgive me for commenting on a stock I don't own. I take a strong interest in renewables and in greenfields projects.
The 1H says GNX is still pursuing a PPA with EA, with no evidence EA has budged a millimetre from the grounds on which it withdrew.
Looking at the balance sheet, it is currently geared 8:1 on existing solar projects. Where is the capacity to meet owners costs and a contingency fund on Kidston PH + S + W?
I am to trying to run this brilliant project down. I cant see it working without a bucket more equity.
Ash
Ann: Half Year Accounts, page-2
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.5¢ | $1.246M | 4.630M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 28948248 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 16043905 | 154 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 26.8¢ | 27.0¢ | 26.8¢ | 241786 | ||
| Last updated 15.55pm 06/05/2024 ? | |||||
| GNX (ASX) Chart |