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  1. #1831
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    I suspect MEL will simply push cheap hydro to the NI during off peak times I suspect the major loser in this scenario will be NI coal and gas generators .....

  2. #1832
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    For those wanting to know

    Lake Pukaki > 100% full

    Manapouri - 104cm above main operating level.

    Te Anau - 140cm above main operating level.

    Great storage position to be at the start of winter that much is clear ...

    https://www.meridianenergy.co.nz/who...s/lake-levels/

  3. #1833
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by boysy View Post
    For those wanting to know

    Lake Pukaki > 100% full

    Manapouri - 104cm above main operating level.

    Te Anau - 140cm above main operating level.

    Great storage position to be at the start of winter that much is clear ...

    https://www.meridianenergy.co.nz/who...s/lake-levels/
    WOW, there's full and then there's really FULL !!

    New Logo and all that Jazz https://www.meridianenergy.co.nz/new...aunch-MAI_2019
    Last edited by Beagle; 31-05-2019 at 12:12 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  4. #1834
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    And it continues to rain Beagle

    https://www.energylink.co.nz/sites/d...y_20190530.pdf

    noting this was as of as yesterday - with plenty more rain falling since this time - NI 2nd driest on record that bit is telling ....

    Pukaki - 99% nominally full
    Manapour - 126% nominally fulli
    Te Anau - 163% nominally full
    Time is a great teacher, but unfortunately it kills all its pupils

  5. #1835
    ShareTrader Legend Beagle's Avatar
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    Hydro Spill - Estimated spill at the Mararoa Weir was 201.6 cumecs.
    Cranking my heat pump up is not going to solve that wastage lol
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  6. #1836
    Speedy Az winner69's Avatar
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    Mate sent this photo of Benmore spillway. Like full

    Suppose good for Meridian .....not knowing how they make money (maybe too much water is bad?)
    Attached Images Attached Images
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #1837
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by bull.... View Post
    on fire new highs coming , $5 anyone?
    50c to go lol people snapping up there income before rates go to zero
    one step ahead of the herd

  8. #1838
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    Quote Originally Posted by bull.... View Post
    50c to go lol people snapping up there income before rates go to zero
    It hasn't quite got there yet but...

    $4.50 is a nice round 3 times the initial cost of the shares.

  9. #1839
    ShareTrader Legend bull....'s Avatar
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    mthly report out demand and inflows up ..all great
    https://www.nzx.com/announcements/335995
    one step ahead of the herd

  10. #1840
    The Kid
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    Quote Originally Posted by Onion View Post
    It hasn't quite got there yet but...

    $4.50 is a nice round 3 times the initial cost of the shares.
    Plus good dividends too. My heartfelt thanks to Bill and John.

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