Is the market now suggesting the chances of Rio Tinto walking away from Tiwai point and worrying about the site clean-up costs at some later date are very real ?
Could they even refuse to do the site clean up and effectively say sue us if you want too ?
Contagion effect on all power companies ?
Last edited by Beagle; 28-02-2020 at 10:44 AM.
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
with aluminium prices falling and likely to fall further due to weak world demand makes the smelter even less viable now. maybe why all gentailers heading down
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Originally Posted by ados_nz
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