MCY Mercury NZ ( MRP Mighty River Power)

[Snow Leopard]

Where is the Paper Tiger?

They will know how much steam is left in the buyback...... right?

Yes, we knows it!

We knows it because we reads the precious notices, don't we...
Yes, and we reads all of each notice.

No more nasty buy-backs!

Best Wishes
Paper Tiger

[axe]

Yes, we knows it!

We knows it because we reads the precious notices, don't we...
Yes, and we reads all of each notice.

No more nasty buy-backs!

Best Wishes
Paper Tiger

Thanks PT,

I read the notice but didn't open the attachment. So silly.

[Snow Leopard]

Thanks PT,

I read the notice but didn't open the attachment. So silly.

Actually it is in the notice - at the bottom.

Best Wishes
Paper Tiger

[robbo24]

Actually it is in the notice - at the bottom.

Best Wishes
Paper Tiger

See you at 280 cents.

[axe]

Actually it is in the notice - at the bottom.

Best Wishes
Paper Tiger

Well, it has become apparent I cannot read well, so I'm glad for the Paper Tiger.

[Harvey Specter]

See you at 280 cents.

wouldn't the buyback support the price, not hold it back? Please explain.

[robbo24]

wouldn't the buyback support the price, not hold it back? Please explain.

I agree Harvey, I didn't mean to infer otherwise...

Just saying the charts look good.

[robbo24]

Will be interesting to see whether the price holds up now the buyback has finished ... Or whether I should pocket the divie and 25c CG and run for the hills.

The last day of trading was without buyback support.

Tell me what you think? Looked pretty strong to me!

[robbo24]

Will be interesting to see whether the price holds up now the buyback has finished ... Or whether I should pocket the divie and 25c CG and run for the hills.

The last day of trading was without buyback support.

Tell me what you think? Looked pretty strong to me!

[Snoopy]

The power pylons you can see from your house marching across the Port Hills towards the Bromley sub-station carry wires that start at Manapouri.

At a presentation given by Patrick Strange the former CEO of Transpower during the time of uncertainty over the smelter someone asked if the Manapouri output became available to the general market would Transpower extend high voltage DC link futher south to Manapouri? Mr Stange said no because existing capacity was sufficient.

Thanks for this info Marilyn. There are a couple of points I would like clarification on though. Through some of my slightly lazy internet research.

http://new.abb.com/systems/hvdc/references/new-Zealand

we are told the DC link is a 610-km long inter-island HVDC transmission system, between Benmore substation on the South Island and Haywards substation north of Wellington.

Those power pylons marching across the Port Hills, as you put it, that you say come from Manapouri. All fair enough. But as they are north of the start point of the DC link at Benmore, I don't understand the relevance to Dr Patrick Stranges point, that you also quote, about the DC link being sufficient to transmit the Manapouri power North.

The relevant point as I see it, is how does the Manapouri power get to the Benmore node? What Dr Patrick Strange said can still be entirely true, even if no link between Manapouri and Benmore currently exists.

What got me thinking about this was the CEN monthly power data release for March 2014.

https://www.nzx.com/files/attachments/192636.pdf

The first few pages in this seem to be a picture of the entire power system, not just Contact. Page 6 shows a diagram of the GWh produced in the North island covering three years and alongside that the total GWh produced in the South Island excluding Tiwai (my bold). Why would Tiwai be excluded, which as I see it means by implication not relevant, if Tiwai is connected to the grid?

SNOOPY