I had genex for a while in 2015-2016, part because I used to work there when it was a mine so have a bit of affection for the place, but got out because at the time I thought that there would be too much loss over the existing old Kidston transmission line, also why have pumped hydro here when you can do it at Koombaloomba dam/tully with an elevation difference of 650m right on the main grid? Also the turkeys nest seemed crazy to me.
Now that has all changed with the HV (low loss) planned transmission line , the new hydro design and the rapid progress in the Solar farm. Just bought in again and can see a good future.
GNX Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held