The LNP's nuclear plan would seem to add some interesting "optionality value" for ORG with respect to Eraring site.
Opposition Leader Dutton has proposed nuclear power stations in NSW at Lithgow and Liddell in the Hunter, but both sites would need to be acquired and pass environmental, planning and financial assessments.
Eraring is also in the Hunter, on the power grid, has a good footprint for redevelopment, and has water.
I wonder (subject to usual caveats about LNP becoming govt) if it will arise as a competitive option for a nuclear plant if issues arise with one or both of the other sites.
Of course, ORG has plans for the site re batteries and renewals (and nuclear could be a distraction).
But there has to be a scenario where Eraring's coal plant life is extended until a nuclear station is operational at one of the announced sites, or Eraring itself. That could be profitable (and keep the lights on!)
It seems to me that (irrespective about whether you support or oppose nuclear, or consider it a good investment) that ORG's options may now be improved.
- Forums
- ASX - By Stock
- Nuclear
The LNP's nuclear plan would seem to add some interesting...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ORG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$9.79 |
Change
-0.200(2.00%) |
Mkt cap ! $16.86B |
Open | High | Low | Value | Volume |
$9.93 | $9.94 | $9.75 | $48.15M | 4.905M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6478 | $9.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.81 | 26585 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 9.780 |
6 | 2279 | 9.750 |
2 | 1600 | 9.740 |
2 | 14540 | 9.720 |
4 | 3236 | 9.710 |
Price($) | Vol. | No. |
---|---|---|
9.890 | 1000 | 1 |
9.920 | 11102 | 2 |
9.950 | 4500 | 1 |
9.990 | 1300 | 2 |
10.000 | 415 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
ORG (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online