RE: CCM Research Report - Speculative BuyThis is what stands out in my mind from this.
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Today:
"Agreement with Nevada Power Company (Utility) to deliver up to 35 MW (gross) of electricity."
Mr. Market: $0.56 / 35MW = $.016 per MW. - in this very beat up market.
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At the norrnal price - the 200-day moving average price- we get:
$1.06 [MA(200) price] / 35MW = $0.030 per MW.
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Tomorrow:
"NGP currently has four geothermal projects which, once developed, could have a cumulative generation capacity of over ~200 MW"
Therefore over 200MW x $0.030 / MW = Over $6.00 share price.
RJ