In a renewable energy market of potentially 150 GW and a storage market of 20 GW x 4 hours Moonlight is happy for GNX to sit on 0.3 GW of renewable generation and 0.250 GW x 4 hours of storage?
That would be the equivalent of GNX volunteering to own a suburban corner shop. Surviving but going nowhere.
Over 90 applications for the 100 MW storage in South Australia. The engineering team at GNX and its contractors could fund/design/build both Kidston and a Flinders Ranges turkey nest project together for greater efficiency.
GNX Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held