I've heard there is a research report out that puts a value of $20m on it.
Kidston is the next cheapest and the comparable Cap ex based on MW is $44m higher than HGO and based on KWh its $85m higher.
Should be worth more than $20m but even that is a nice earner of 3.5 cents on an 8 cent stock with circa 10 cents a share coming out of the PIT in the next 18 months. Plus the silver lining of 3.7 cents of franking credits.
What can go wrong from here?
HGO Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
