I doubt Verv can provide the power that is required, transmittion losses over distance would be around 12%, correct me if im wrong . I feel the proposed 400 mega watt power at Eneabba will power the Mid West for the next 40 years or so. There has to be additional infrastructure to power these projects. If all the ories were operational there would be an abrupt halt (6 months!!). I cannot see GBG and others hanging their future on ONE gas pipe line. Can you??
My thoughts only.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held