OTCPK:MGMXD - Post by User
Comment by
carinthianon Jun 24, 2015 8:07am
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Post# 23862519
RE:RE:RE:RE:RE:solar energy in the mining business
RE:RE:RE:RE:RE:solar energy in the mining business
Thx, so we are talking about 15-20% efficency increase between California and Canada.... To be honest I persoanlly am not such a big fan of solar and would prefer if they concentrate on hydro although those things are tougher and more expensive to get done. And I hope we will be getting some info on how the refinancing of the Money for the buy of HS Orka will be done. Generally I accept that as Long as interest rates are that low equity stakes in Projects are financed via debt on a Holding Level but I really really hope that they will be at a Point where Project equity can be financed out of the Money they make before interest rates start to rise significantly. I think the first priority has to be to get the Balance sheet together before thinking about paying a dividend. Just my personal thoughts. DYODD carinthian