How much is it worth
I've heard there is a research report out that puts a value of $20m on it.
Kidston is the next cheapest and the comparable Cap ex based on MW is $44m higher than HGO and based on KWh its $85m higher.
Should be worth more than $20m but even that is a nice earner of 3.5 cents on an 8 cent stock with circa 10 cents a share coming out of the PIT in the next 18 months. Plus the silver lining of 3.7 cents of franking credits.
What can go wrong from here?
PHES, page-8
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