I must say, I was pleasantly surprised that we are on track for the peaking plant to start next year. For fun, I asked chat GTP the question and here is what I got.
Gotta love the technology.
I did not think it was so close.
Whilst I am not as young as many on the thread, even I can wait that long.
Clearly, the market will soon wake up to the fact that we will have approx. $50m in cashflow fairly soon (and maybe more with the way demand for electricity seems to be going), Probably once we get inside the 12 month time frame. This is almost in perpetuity, with very low operating costs. Combined with Walyering, even if only for a few years, we will have substantial free cash flow to advance other projects.
In the grand scheme of things, and particularly given many here have waited many years I would think we can hold on for another 12 months. Particularly if we can move OH and WE along in the meantime.
I must say, I have been favouring a decent takeover bid (north of 40c). However, a strong outcome from the strategic review and new CEO, and who knows, maybe the market will start to realize the prize we have and we see a natural increase to around that level, with more to come.
Staring to feel a little more optimistic.
(20min delay)