Yes exactly - that was my point about GNX not minding any delays to final commissioning since income will drop when the QLD guarantee kicks in.
Regarding future values of LGCs - depends on Govt policy really. Policy disarray with the currrent Govt means less likelihood of investment in large scale renewable generation, and hence fewer LGCs available and higher LGC price. In the short term at least.
GNX Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held