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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Arbitration
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Post by dean0198 on Dec 01, 2016 11:49am

Arbitration

The arbitration results seem to have had a positive impact on the share price.  I never realized this arbitration was such a big deal does anyone understand the impacts, makes me wonder what would have happened if they lost.
Comment by R_J_ on Dec 01, 2016 12:59pm
Alterra Power Announces Favorable Arbitration Results for Icelandic Subsidiary - https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2016/Alterra-Power-Announces-Favorable-Arbitration-Results-for-Icelandic-Subsidiary/default.aspx - - Marin Katusa’s Comment: - “As a result of the arbitration, the price Alterra receives for the power it ...more  
Comment by BoldForbes on Dec 02, 2016 4:18am
RJ, If Mr. Katusa is correct and the power it sells in Iceland will more than double than:  1.  I feel even better about Iceland than I did ealier this year (see previous posts) 2.  Stock could potentially receive new target upgrades due to higher earnings potentials and/or removal of risk / increase in enterprise value 3.  This could help a better refinance in the future (I ...more  
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