RE:RE:RE:Have faith.Chedda1 ...
Metaphorically speaking, regarding the issues you mentioned, we entered that very dark room with a very bright flashlight and the residents ran for cover. Because solar Capex has significantly dropped these past 12 months, we adjusted our price last month to exactly match the IRP price she is referring to and that is why both PREPA and the FOMB are now silent on the winners. We once again have the lowest bid that now matches her price, BUT, because of the declining solar Capex the GRB shareholders get the
exact same NPV to our share price as before, so there is not one iota of reduction to our shareholders. Also note that long term project lending is now sub 4%. Natalie is a smart lady and while we are not machiavellian like some of the characters, we do have very big ears and the right stuff for Puerto Rico ratepayers.
Lots of backroom dialogue between the parties on the reservation now. Do I see FOMB increasing past 150MW for those that revised prices below a certain threshold? Yes!
Don't try and double guess what we are doing. Read the fist paragraph. Whatever we have done, gives the same value to GRB as before. It is all in the math. They win, we win, ratepayer wins!
I bought another 7,500 at 1.87 and 1.88 last week.
Best
JEFF CIACHURSKI
Chief Executive Officer
Greenbriar Capital Corp
Greenbriar Capital Holdco Inc
Greenbriar Capital (U.S.) LLC
Captiva Verde Land Corp
9 Landport
Newport Beach
California USA
92660
Direct: 949-903-5906
email: westernwind@shaw.ca
www.greenbriarcapitalcorp.ca
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