Another bit of good news at least for GNX. Electricity prices will be going up in two months time just as we near completing the Hydro in the end of 2024. Obviously, the cashfows will need to relfect the new revenue and remember we have fixed the interest expense for approx 9 more years. This all scores well for the cashflow analysis done by rating agencies and if they were suggesting 30 cents (with heavy discount on construction risk) I wonder what valuations would be looking like now with the added revenue, revenue from batteries which were unaccounted, and the Bulli Creek Hub and progression on Wind turbines at Kidston.
https://www.news.com.au/finance/money/budgeting/australian-energy-regulator-says-power-price-increases-of-up-to-24-per-cent-on-the-way/news-story/1664bcf26d2d0fb0feed74b4c2c10977
