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2.38%

21.5¢ genex power limited

Ann: July 2016 Company Presentation-GNX.AX, page-10

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30/07/16

01:18

Post #: 18405198
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Originally posted by aclemence ↑

I'm overweight GNX as I can see its place in our energy future. Though having said that, I've not actually sat down and gone through the hard numbers of profit relative to anticipated debt relative to shares on offer. As long as we maintain coal generation which provides cheap overnight power, all should be fine, but if the coal shuts down then the equation becomes much more complicated (and possibly much more profitable).

Risks I see are any new open cycle gas turbines, battery storage (batteries lose capacity over time unlike water but also have the advantage of technological improvements over time, whereas water has been the same for thousands of years) and nuclear energy (won't get a social licence in the modern NIMBY Australia).

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Nice now i don't feel like i'm talking to my self on GNX lol...

I had the same thoughts on home batteries but it will take awhile before they become mainstream & it's not going to be for everyone especially given the fact there is way to meany investment property & appartments that would not be able to use such technology , GNX would be producing 15o GW by then i would suspect.

Anyway not long before some good news

GNX Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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