Followers | 10 |
Posts | 474 |
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Alias Born | 02/10/2006 |
Wednesday, October 07, 2015 11:10:05 AM
Listner, I'm now in your boat and would just assume that we not revisit the 3's again. I'll need to figure out whether to continue to trade around a core position. I definitely believe in the long term fundamentals and see several positives.
1) stemming leakage/losses by infrastructure improvement and dealing with deadbeat municipal clients. At some point this will benefit the bottom line.
2) Hopefully El Nino addresses drought concerns this rainy season. as it typically results in very prolific rainfall.
3) The diversion project that will prop up Cantareira will be completed in 2017. So one more dry season to contend with before an additional 5m3/s becomes available. This should allow elimination or scale back of the usage restriction bonus program.
Regards FL
FL
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