RE: Ormat ComparisonI do agree 100% with u greenandgold.
The market knows than it a lot less profitable than what the management let us believe. Look at Alterra, Nevada geo and others geothermal companies.... that were a lot less profitable than what their management were touting. And RPG will make no difference. As I said since more than a 1 year now the real value of SJT1&2 is 20 cents based on FCF but it can be a lot lower coz big chance the project is not as profitable as the management is touting. We will know in about 1 to 2 years. But during that time the market will pay maximum 20 cents for SJT1&2.
We are now very close to my target price of 20 cents. We should be there in 3 to 4 weeks.
And sorry to beak your dream cosmicpump but COD will not boost the stock price like the CEO announcement. Market just dont believe SJT1%2 will be profitable. He needs proof.