Mister Z we all do buy upwards when we find good stock. I dont think the thesis has changed my average is $2.18 _ I am not that worried.
I think that you and I will be richly rewarded what is needed is a bit of patience.
G0af - Yes I agree and I agree they sell very well to large users.
I would just take a few steps back around St B - I agree I do think there is an ego there but an astute investor said to me that if you are the middle man the risk is that you have fixed contracts with large customers then the price spikes for a few hours as something goes wrong and the peakers come in - you can wipe out many months income if you dont or cannot generate supply. We do have peakers but this person said when you are supplying such a huge baseload you also want to cover some of your demand with inhouse supply. I am not that skilled - I however agree with you that this package is just too expensive. There will be others that are cheaper and hopefully smaller.
Agree about the thread although a few years ago Lilac and a few that have seemed to only focus on MEL recently used to put a lot of good input here as well.
EPW Price at posting:
$1.84 Sentiment: None Disclosure: Held
