GNX 2.38% 21.5¢ genex power limited

Ann: GNX Welcomes QLD Govt Announcement of Strategic Transmission, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 539 Posts.
    lightbulb Created with Sketch. 10
    Don't think management ever intended having to come up with the $150 million themselves but in politics things can change quickly so having the support of the QLD and Federal government cannot be underestimated. Also when negotiating finance terms for the project any kind of uncertainty would be detrimental.
 
watchlist Created with Sketch. Add GNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.