GNX 2.38% 21.5¢ genex power limited

Good luck with that muscleman.....I'll save you the suspense...

  1. 29 Posts.
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    Good luck with that muscleman.....I'll save you the suspense though, it ain't going to happen. Not a hope in hell any bank or infrastructure group will fund a new coal mine now because, In short, economically stupid.....that's why no banks are wanting to go near it. They need a 30 year lifespan to be economical. They also know what the price of batteries will be in 5 years and in 10 years....they also know that energy policy everywhere in the world is now about decarbonisation and that within 10 years time this will be accelerated exponentially. Coal still forms majority baseload now but decarbonisation means getting rid of coal for new forms of clean baseload.
 
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