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2.38% 21.5¢ genex power limited

Ann: Completion of Kidston Hydro Technical Feasibility Study, page-9

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  1. Andrix
    2,498 Posts.
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    08/11/16
    15:55
    Post #: 20456093
    I see it as hedging their bets. First they go for sufficient funding to get them into business, but if more comes their way, they can expand output and revenue with minimal extra capex - 'just' the extra turbines with connecting pipes and wires.
    GNX Price at posting: 25.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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