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  1. #2041
    ShareTrader Legend bull....'s Avatar
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    Meridian suggests fresh government talks on smelter underway as it contemplates $1.3b write-down

    https://www.stuff.co.nz/business/122...-13b-writedown

    they mentioned this on the call
    one step ahead of the herd

  2. #2042
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    Quote Originally Posted by bull.... View Post
    Meridian suggests fresh government talks on smelter underway as it contemplates $1.3b write-down

    https://www.stuff.co.nz/business/122...-13b-writedown

    they mentioned this on the call
    The press release simply said that they had made an offer but had no idea whether it would progress. Did they offer something more on the call?

    I’ve hedged my bets. I own shares in all of the power co except TPW. Let’s face it… Electricity is the way of the future and unless the greens get total control of Parliament we are not going to be using pedal power and we aren’t all going to convert our houses to solar.

  3. #2043
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    Quote Originally Posted by tango View Post
    The press release simply said that they had made an offer but had no idea whether it would progress. Did they offer something more on the call?

    I’ve hedged my bets. I own shares in all of the power co except TPW. Let’s face it… Electricity is the way of the future and unless the greens get total control of Parliament we are not going to be using pedal power and we aren’t all going to convert our houses to solar.
    they said contact had chipped some coin in too
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  4. #2044
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    Quote Originally Posted by bull.... View Post
    they said contact had chipped some coin in too
    I heard an excerpt and what I heard is that
    1. CEN, transpower and MEL are discussing options to utilise the surplus power
    2. MEL have made another offer but so far NZAS are not receptive and MEL expect the closure to go ahead in a year.
    3. The government is having discussions with NZAS that MEL are not privy to.
    4. There are promising confidential discussions with new businesses in the South Island that may be able to take up the surplus power.

    The last is the most exciting in my opinion

  5. #2045
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    Quote Originally Posted by tango View Post
    I heard an excerpt and what I heard is that
    1. CEN, transpower and MEL are discussing options to utilise the surplus power
    2. MEL have made another offer but so far NZAS are not receptive and MEL expect the closure to go ahead in a year.
    3. The government is having discussions with NZAS that MEL are not privy to.
    4. There are promising confidential discussions with new businesses in the South Island that may be able to take up the surplus power.

    The last is the most exciting in my opinion
    cen was mentioned in answer to an analyst question in the question and answer time. your point 4 was also asked in the Q&A and was said this is in years not mths. your point 2 mel says they have not heard back not that they are not receptive
    Last edited by bull....; 27-08-2020 at 09:28 AM.
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  6. #2046
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    Quote Originally Posted by bull.... View Post
    cen was mentioned in answer to an analyst question in the question and answer time. your point 4 was also asked in the Q&A and was said this is in years not mths. your point 2 mel says they have not heard back not that they are not receptive
    Thanks for the update!

  7. #2047
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    Bitcoin mining?

  8. #2048
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    Labour promises to keep Tiwai Point on life support – but there's a catch

    https://www.nzherald.co.nz/nz/news/a...ectid=12368492

    last day to get the div as well
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  9. #2049
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    What's the sustainable div if tiwai stays open?

  10. #2050
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    Quote Originally Posted by bull.... View Post
    Labour promises to keep Tiwai Point on life support – but there's a catch

    https://www.nzherald.co.nz/nz/news/a...ectid=12368492

    last day to get the div as well
    What's the sustainable div if tiwai stays open

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