Yaq your point about domestic energy is a good one.
Looking through the AOE results from yesterday they had a pretty good EBIT number compared to revenue mainly due IMO to their high margin electricity business ($19mil to $90mil revenue).
Forgetting T/O talk for a minute, and even the size of ESGs beast of a resource, DCs recent comments about having a staged development plan (including MOUs with power generators) aligns nicely with the sort of number AOE have been able to produce. It would seem the ability to generate free cashflow in the domestic market is a realistic short term goal IMO.
A few more MOU's announced to market soon would be very welcome.
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