RE: RE: RE: Anyone notice in NGP's last report thaI don't think they're holding back, they are desperately trying to pump out more power from BM1. BM2 is years and years away. Crump Geyser will be operational before BM2.
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Breakeven is a good sign but they're not making a dent into their major loans, I think the amount of interest they owe is increasing each month because they're not paying it back fast enough. Getting to 46MW would be a start, cutting operational expenses in half is also necessary. If they can start flowing 10 million a year of BM1 revenue towards debt repayment then they've got a chance. The high interest portion of their long-term debt is only 80 million or so.