yes nice moveGreat to see
Was one of my few purchases in Dec!! on max pessimism - Yay
Feathered some out in July , a bit early but needed to diversify and lock in
Just reviewed last year's annual report
and noted table of market caps vs generation for sector and NGP was cheap
( should have read earlier )
So I expect it's possible to reach and swing 1.40 to 1.55 for a while
Cash flow reports and projects value will tell us if it hits 2.00
( possible with the 3 other projects)
Possibly advance F plant unit 2 and holes quickly ?
Of course long term is to sell off the plant to a company that wants the cash flow
( limited partnership? )
Also lining up at a premium will be US coal type power producers who want clean credits
as cap and trade takes hold ( eg see takeover of KHD )
So will they take whole company or just the F plant?
I suspect they sell that off on a discounted cash flow basis( in 4 to 6 mo )
and keep the other 3 projects
And resume growth ( with ample cash )
For the fellow who owns GEO ( or WGP )
they are part of the assembling in to GTR.h ie ram
A sweet deal for R Rule ( I forgot to keep an eye on R R shell GTR.h )
I sold my wgp
Will see how ram swings around 3.00 for a possible entry
Also MXY ( R Beatty ) geothermal for a dip ( lots of funding strength there)
Others to watch and buy soon?
SRA to be the only? cheap small cap
- is farmed into one of NGP projects
btw a top risk/reward spec that I own is PTV -Colombia oil/gas
( R R was in on the pp at 12 )
Regards
U