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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by Xtrykr0on Jan 25, 2012 4:53pm
231 Views
Post# 19448981

Interview Summary

Interview Summary

Hi all, just wanted to do a quick recap of what I picked out from Jeff's interview. For the most part, Jeff expressed great enthusiasm for the many great things WND is executing on this year, to the point that he on the verge of coming across as being a bit scatter brained in my opinion, nothing wrong with that, as it is nice to see a CEO that displays such energy and excitement.

 

Now, to go on to the key points:

 

1. Summarized Windstar, Kingman and Yabucoa developments.

2. Tax credits materializing from Windstar in April.

3. Another 100M or so in credits/grants to be rewarded for Yabucoa upon completion, which is slated for completion in-year.

4. Indicated that many companies have shown strong interest in taking over WND, however, stated that only a large US-based energy/utility company would be a good-fit to reap the tax credit and grant benefits. Respects that AQN was interested, however, the offer was low, due to inability for them to reap the benefits of the US tax credits and grants.

5. Acknowledged that the current share price does not reflect where it ought to be. Is not looking at a move up in the TSX, but rather, move on to the NASDAQ, but needs to get the SP high enough to gain entry into that exchange.

6. Re-iterated the welcoming market landscape for greentech in the USA.

7. Indicated that wind turbines and solar panels in Asia are much cheaper to purchase and install. Said he was in Asia last week with his financial advisors looking at the alternative energy landscape and looking for opportunities to capitalize on.

 

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