BBP babcock & brown power

bskerr1,In SA a new desal plant is being built. This alone...

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    bskerr1,

    In SA a new desal plant is being built. This alone requires plenty of $$ but on top of this, a new underground power cable plus substations (total $250m) is required to be built to transmit power down to the desal plant.

    Also in SA, the existing trains will be electrified.

    These are obviously only a couple of many projects that will be going ahead.

    Doubt any of these will help the share price though.

    No stock held anymore. I sold out in the 8s. I think management are hopeless and this is one of the first things I look for in a company. Good luck all holders.

    Butchy.
 
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