So CCE retains soon to be realised revenue from Garden Island and Northam and all grants etc. Mpower get everything else EMC has on the go and future pipeline. SO we don’t know now many new shares we’ll get and value thereof. More importantly trying to stay positive!!- we are praying EMC has or is just about to announce major contract wins, possibly with Western Power using Mpower tie up. AND of course the upscaled possibility of developing Mungari, Kemmerton etc. Lots of unknowns, with the kicker being can THE NEW Mpower become a transformative micro grid behemoth, seeing their revenues are already solid.
Does it all mean CCE can now get to Ceto with a revenue stream AND our new shares will appreciate markedly . Of course no one knows !! The devil will be in the upcoming details.
CCE Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
