EPW 0.21% $2.43 erm power limited

It's terrible when people think this stock has no growth...

  1. 1,018 Posts.
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    It's terrible when people think this stock has no growth strategy in Australia and It's likely to take another year for the US sales to turn to stronger profits.

    They think renewable energy will kill all coal and gas fired power plants. I think they are unjustified.

    Coal and gas power plants are going greener.

    AGL coal power plant is joining with Air Liquidy to establish a carbon capture storage in Adelaide.
    Victoria government is investigating about CCS in off- shore Bass Strait

    Scientists are trying to store co2 in geothermal plants in Norway at the depth at 400-800m. Whereas geothermal wells in Adelaide were 5000m.

    It's unviable projects to store on-shore at greater depth therefore the only way is to target off-shore.

    The US is doing it at the moment.

    http://www.platts.com/latest-news/e...urn-petra-nova-peaker-plant-in-texas-21746588

    EPW has 2 major plants in Victoria and QLD.

    Victoria gas plants will shake up the whole wind/solar farms ib Australia. Any investments in those greener and expensive projects would not compete with gas once the CCS is established in Victoria.

    That is the growth story at the moment when the US CCS is succeeded. It's only take a few months for the wind/solar things to be shorted.

    EPW is not a resource stock and it's shorted to its undies.

    Lucky that I only had a very small portion and I think the stock is oversold. I'm buying more and more.

    No sense is going to make sense for me.
 
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Currently unlisted public company.

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