“I agree if RNE had not flogged off 70% of Bioenergy then Receipts from Customers for 2018 would have been substantially higher, out of my brain capability to work out. But am thinking substantially higher.
Also the scales definitely need balancing.”
On the other hand a further thought on this is that they have received $3.5M from selling 70%.
How long would it have taken for 100% Bioenergy ownership to accumulate 3.5M in revenue from the 2 facilities at AJBush and Goulburn?
In the meantime they can move forward!
Ann: Appendix 4C - quarterly, page-23
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