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L&M Energy Limited (LME) has entered into a landmark agreement...

  1. kansas
    1,590 Posts.
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    08/04/11
    06:37
    Post #: 8233253
    L&M Energy Limited (LME) has entered into a landmark agreement to sell electricity output from its Ohai Coal Seam Gas (CSG) Pilot Project to the Rio Tinto Alcan-owned New Zealand Aluminium Smelters Limited (NZAS).

    The smelter, situated less than 80km away from Ohai, is New Zealand?s biggest single electricity user and expects to consume 5,500 GWh of electricity in 2011.
    LME Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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