Jumped in today at 17c.
Expect good news flow over the next 2-3 months.
Flow of sales will cause a rerate.
Potential customers may be wanting to see the data centres either close to or completed before signing contracts.
Everyone involved appears well credentialed.
Like the less capital intensive approach by avoiding property purchasing and the modulation allows capital injection to occur as the business scales rather than massive investments.
Modulation I would think will allow easier changes/adjustments to changing technology rather than a massive commitment to one tech standard all at once that then becomes outdated.
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