Yeah, it is about survival and preservation of capital during the current lull to eventually have enough cash on hand to be in on the resurgent PV project scene once a)the Clean Energy Fun starts handing out cash b) PV is cost competitive on its own costs against grid (estimated 2013, already there if on a private diesel micro-grid that doesn't get the WA state subsidy that is holding down country retail electricity prices now) and c) having the proven technical ability to move into commercial scale projects immediately when contacted.
SOO ticks those boxes. Unfortunately a) and b) are not spectacularly entertaining and c) is an increasingly contested space as everyone from Origen down through CBD & EMC to the larger mun&dad concerns move into this sector.
Everything changes on 1 July.
GOE Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
