The electric grid is in bad trouble
https://www.abc.net.au/news/2024-05-26/nsw-market-meltdown-sparks-energy-transition-warning/103890282
Even if people wanted them, the ancient coal fired plants won't last much longer. If GHY build an electric generator at the well head they are only a 100 kilometers from the major transmission line that used to run from the power station at Port Augusta to Adelaide. Adelaide is a great place to sell electricity, the price of electricity is the highest of any capital city.
There is an amazing future for GHY with existing technology.
The map of tenements in the company information sheet is quite fantastic, it is enormous. There must have been some reason why the Mines department granted them. If they really are prospective the assets of GHY might compare with the biggest companies on the planet.
The electric grid is in bad...
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Last
$1.43 |
Change
-0.140(8.95%) |
Mkt cap ! $109.2M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.62 | $1.43 | $716.6K | 473.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3999 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 84 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
-0.140 ( 8.43 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.60 | $1.45 | 59074 | ||
| Last updated 15.58pm 17/06/2024 ? | |||||
| GHY (ASX) Chart |
