HGO
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2.22% 6.9¢ hillgrove resources limited

According to the AFR the Genex Kidston project has ran into a...

  1. kingston67
    191 Posts.
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    06/11/19
    15:17
    Post #: 41278151
    According to the AFR the Genex Kidston project has ran into a bit of a snag with Energy Australia refusing to sign a long term offtake agreement. Apparently this in turn puts a fair bit of their funding at risk.

    Obviously a much bigger project than our PHES but perhaps highlights the market power of the offtake provider and make the ongoing negotiation with AGL a bit more "interesting"/
    HGO Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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