Very high wholesale prices on the last day of mcy financial year and hydrology good so should be a stunning annual result.
Final quarterly result out today
Confirms record generation.
Also a trend to higher NI prices-$78 mwh compared to $64 SI.
Confirmed also that 1.8% growth in whole market driven mainly by a 1.2% growth in Urban.
I have now sold out totally from contact and using proceeds to buy more and more mercury
interesting feature page on electricity storage in todays Herald-Tasmania is going for pumped hydro in a big way.
Its got real longevity and is really green
If anyone is going to the AGM on Tuesday it would be great to ask if mcy have scoped this fully.
We know there has been record generation and income but I do wonder if the sp has reflected how well mcy are doing
Low interest rates and,extra pot aluminium will reduce available SI energy.
Current high prices are promising
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