MRM 0.78% $2.58 mma offshore limited

Looks seriously undervalued still, page-19

  1. 1,299 Posts.
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    Big writeup on Offshore Wind in the fin today, Still looks to be some years off, however, Flotation Energy, owned by giant utility Tokyo Electric Power Co, is moving ahead with urgency on plans for Seadragon, even if it doesn’t have the certainty of a licence. This month it started a two-and-a-half year program of environmental surveys, determined not to fall behind schedule.

    Also Paul Gleeson, managing director for energy at engineering advisory Aurecon, says “We are working with project proponents in Australia and have seen a number of new entrants here specifically for the offshore wind opportunity rather than broader National Electricity Market investment, who predominantly come from Europe and some from Taiwan,”

    I like the part "some from Taiwan"

    We know MMA is established in Taiwan, has the runs on the board, this will give them first-person advantages IMHO.

    Gippsland starting to heat up.

    https://hotcopper.com.au/data/attachments/5468/5468418-8edac132fb6c48a633a20fb94c3b429d.jpg
 
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