TSXV:NKW.H - Post by User
Comment by
stampeder2on Jul 05, 2008 3:29am
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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 ???