good timing on your entry.long term value ?, August 2012 ECT...

good timing on your entry.

long term value ?, August 2012 ECT will know if coldry will form part of the carbon reduction agreement,between Alcoa and LYP.

http://www.abc.net.au/local/audio/2010/03/02/2834340.htm
audio link worth listening to .
close to 20 million tons per year in cabon emissions emitted by loy yang power in which ALCOA under the contract pays all costs associated with carbon tax in delivering baseload power to its portland operation .

50% OF LYP output is delivering energy to Alcoa.

50% of 460 million dollars / far cheaper to retrofit gradually ,1 boiler at a time and not disrupt energy supply than pay the carbon tax.

retrofitting allows 100 % coldry use .
coal supply to LYP is in the billions of tons/ secured.
only a matter of time.

bugger all real carbon abatement ??? lets see what ARUPS ,DFT brings.