"Enables the Wises Pit from the PFS design to be utilised for excess water storage and water balancing for storm water and flood mitigation purposes, both during construction and during operation of the scheme."
They have increased their target generation capacity by 30% (from 330MW to potential of 450MW) which is impressive. This brings us closer to the Queensland Wivenhoe Power Station which is 500MW pumped storage.
GNX Price at posting:
12.5¢ Sentiment: Hold Disclosure: Not Held