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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by cutthebsbudon Jul 25, 2012 3:24pm
151 Views
Post# 20151660

Oxymoronic and telling...

Oxymoronic and telling...

jeffypop claims summin like WND "is strongly cash flow positive" (around 6:00 min mark) and then in the next breadth states that to make up for any cash grant shortfall and debt reduction needs and  will be made up with a non-recourse  $25M 10 year holdco loan with interest about half of current corporat loans (or summin very close to that)

 

.. so why does a supposedly strongly cash flow positive company take on $25M in debt... hmmm skating on a pool of mud maybe..

 

.. kinda like rainyday claiming how great EBITDA will be which conveniently excludes Interest which could be greater than all other expenses combined..

 

.. anyways jeffypop keeps me laughing, just wish the price were higher

.. and these types of thingys, missed deadlines (Yabawhooa is now pushed back for how many months and how many times has this happened), SIBS and the like that never came true, statements of... that never came true.. IMO it suggest a disconnect

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