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Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company. The Company's primary business is the development of renewable energy projects.


TSXV:NKW.H - Post by User

Bullboard Posts
Comment by stampeder2on Jul 05, 2008 3:29am
326 Views
Post# 15260241

RE: yeeesh...

RE: yeeesh...The reason for the continued drop to below 60 cents within the next 6 months is institutions now realize that for NKW to make one red cent it will need at least 20 cents per kwh for its power given offshore wind at Hecate Straight will cost $5 Million per MW to fully install.  Institutions realize BC Hydro will not pay more than 11 cents and that 20 cents will not happen for many, many years in BC.  In fact wind developers from Washington and Oregon have a better chance of Wheeling power to BC for half the price that NKW requires.

Ex Civil Servants and famous BC business people can not force BC Hydro to bleed cash to appease NKW.


What is NKW going to do to retaliate to BC Hydro ???  Deny them a seasons pass to Blackcomb ???
Bullboard Posts