News: GNX Genex Power seeks trading halt, page-12

Ok now that I'm in i will post my thoughts...

I spoke with the company in the morning. They are looking to start development next year with a target to be completed by early 2018.

50MW could be produced per hour

1 mill w = 1 MW

wholesale price assumed at $0.01c per WH

So 5 mill x 0.01 = $50,00

x 8 hours a day = $400,00

x 365 day's = $146 mill a year

x PE of 10 = $1.5 billion MC by 2018/19

Now that is be conservative on numbers as there is potential to produce 150 MW per hour and there is also other projects GNX has.

This gone in my SMSF as a long hold cheers