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26-09-2017, 07:35 PM
#1511
Originally Posted by boysy
For Meridian, Only Manapouri and Te Anau are full to overflowing, Pukaki is at half full. The other lakes are not storage lakes, but except for Ohau, are just headponds. Ohau is a very small storage lake with high volatility and can be emptied in a few days.
For Contact's lakes, Wakatipu is around 80% full, Wanaka is less than 50% full and Hawea is just under 30% full.
So all are much healthier than 2 months ago, but still a long way to go before being full.
The Clutha River down stream from the lakes is in a level 2 flood, and that is what is pushing the high HVDC transfer
Last edited by Jantar; 26-09-2017 at 07:38 PM.
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26-09-2017, 08:28 PM
#1512
appreciate your input jantar its worth noting that the resivours which are full to overflowing are by far Meridian's biggest resivours being te anau and manapouri while Pukaki is filling fast with benmore close to spilling. It's fair to say meridians lakes have been the major beneficiary of the recent rain.
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26-09-2017, 10:40 PM
#1513
Originally Posted by boysy
appreciate your input jantar its worth noting that the resivours which are full to overflowing are by far Meridian's biggest resivours being te anau and manapouri while Pukaki is filling fast with benmore close to spilling. It's fair to say meridians lakes have been the major beneficiary of the recent rain.
To put it in context, when full: Pukaki holds 6 months storage, Te Anau 1 1/2 months, Manapouri 2 months, Benmore 3 days.
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29-09-2017, 06:33 AM
#1514
Originally Posted by Jantar
For Meridian, Only Manapouri and Te Anau are full to overflowing, Pukaki is at half full. The other lakes are not storage lakes, but except for Ohau, are just headponds. Ohau is a very small storage lake with high volatility and can be emptied in a few days.
For Contact's lakes, Wakatipu is around 80% full, Wanaka is less than 50% full and Hawea is just under 30% full.
So all are much healthier than 2 months ago, but still a long way to go before being full.
The Clutha River down stream from the lakes is in a level 2 flood, and that is what is pushing the high HVDC transfer
Thanks Jantar for this information.
It really helped me to rebalance my portfolio.
Pukaki looks like it is filling and on current trajectory could be full this spring.Then meridian has 6 months supply in one lake
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18-10-2017, 03:26 AM
#1515
The Bluff aluminum smelter may be changing ownership
http://www.smh.com.au/business/minin...17-gz2jnx.html
Boop boop de do
Marilyn
Diamonds are a girls best friend.
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18-10-2017, 12:21 PM
#1516
Originally Posted by Marilyn Munroe
mentioned a while ago someone was sniffing around
one step ahead of the herd
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18-10-2017, 05:37 PM
#1517
Would have to think a serious re rate would have to be applied assuming it changes hands and immenant threat of closure is put to one side
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20-10-2017, 12:03 PM
#1518
So we have a new government which is likely to drive the kiwi lower
Aluminum prices are at three year highs of USD~$2100/ton
Potential purchaser sniffing around
Likely increase in profitability of smelter in light of reduced USD$ wage cost compared to finished product
Would seem to me the worst case scenario of closure of the smelter is looking less and less likely in terms of the above thoughts ?
Time is a great teacher, but unfortunately it kills all its pupils
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20-10-2017, 07:23 PM
#1519
Junior Member
Do Labour/Greens have a particularly strong view on the future of the smelter?
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06-12-2017, 04:55 PM
#1520
What a wonderful stock. 7% return (Bank rate about 2.75%) You couldn't build those massive dams for $100 billion today and I have a share in them for $2.92 and a half. i love this share.
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