It doesn't hurt to ask for 100% examption to Carbon credit doesn't it. I mean the steel plant modules coming in from China will be modern, new and more efficient, not to mention the benefit of power generation and sale of slag to cement company.
The list of the companies subject to the Carbon BS were reduced from 1000 initially, to 500 a months ago, and I recently heard on the radio that someone in the Government saying now would be around 420 companies. So yeah bring it on, there is no harm in asking the Government to cross out the Gladstone Steel out of that list also.
BGD Price at posting:
8.4¢ Sentiment: LT Buy Disclosure: Held
