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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Comment by greenandgoldon Sep 26, 2011 2:14pm
206 Views
Post# 19084889

RE: Another historical low today

RE: Another historical low todayEnough crowing. Everyone knows the stock price will go a lot lower before the trend is broken and the stock price recovers. It's a death spiral of fear, misunderstanding, margin calls, and tax selling. Would it surprise me if it went to 10 cents this year? 5 cents? Nothing surprises me with this stock anymore.
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And yet. If RPG gets its 72MW SJT expansion online that expansion alone will produce roughly $60 million in revenue, and perhaps $43 million in EBITDA, for the next 50 years or so. Is a $50 million credit facility really that onerous if you have $43 million in EBITDA a year to pay it off? RPG can pay back Sprott within 1.5 years of full production at SJT. What's the issue here?  
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