eerrtt
Good post.
The delay in the ETS until 2013 could also work in ORG's adavntage IMO.
We know Australia needs an additional generation capacity of around 7000MW by 2020(probably more if you allow for wind inefficiency). Delaying the ETS will likely delay investment decisions on new generation.
This then leads into time constraints with lead in times to build greenfiled facilites, with coal taking 6-7 years as opposed to gas of 3-4 years.
ORG have in place now a variety of project timeframes ramping up their power generation. An example is Darling downs 630MW sceduled for completion mid year (the largest CCGT in Aus) and Mortlake 550MW due for commissioning year end.
Plus the point I was trying to make before the delay in the ETS will possibly push more new generation in gas due to the shorter time frames that will no doubt open some new oppurtunities for ORG.
Definitely not a short term bagger but a strong steady growth stock to anchor your portfolio absolutely.
eerrttGood post.The delay in the ETS until 2013 could also work...
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$9.66 |
Change
0.060(0.63%) |
Mkt cap ! $16.64B | |||
| Open | High | Low | Value | Volume |
| $9.53 | $9.77 | $9.53 | $120.0M | 12.42M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15914 | $9.65 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.66 | 12681 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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