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0.6¢ gulf manganese corporation limited

Must be a slow week on the OMH thread. The more you post on here...

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Abacoolloo

404 Posts.

122

08/06/18

17:42

Post #: 33604132
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Originally posted by rocket973 ↑

US$0.07/KWh Ha ha what a joke.
The latest feed in tariffs from the 2nd April 2018 is now as high as US$0.17/KWh.

"However, it does highlight the flaw in the tariff ceiling system. If a developer is looking to sign a 20-year Power Purchase Agreement on a solar project in Halmahera on 28 March 2018 (when the 2016 BPP Decree applied), the tariff ceiling that it is required to meet would be USD 10.761 cents/kWh. The same Power Purchase Agreement on the same project signed five days later on 2 April 2018 would give rise to a tariff ceiling of USD 17 cents/kWh. The difference in the project's fate would be largely driven by coal and diesel price changes from year to year and whether you get lucky on the USD/IDR exchange rate from year to year."

https://www.bakermckenzie.com/-/med...indonesiangovcostofgeneration_apr18.pdf?la=en

Good luck, you'll need it

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Must be a slow week on the OMH thread.
The more you post on here the more worried you must be of GMC's success. And it appears you are extremely worried.
I note OMH had yet another red day...what a pity.

GMC Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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