Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.

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Voltalia Ord Shs > Changing Mentality for Catalysts

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Comment by ALLEN4on May 11, 2012 8:48am

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RE: Changing Mentality for Catalysts

Hi eebler2, I am curious about your comment: "Any PFS is by nature going to be conservative" What are you basing that assumption on? Because it really seems to me that the capex at this stage with hundreds of millions of dollars at stake is nothing more than a wild guess. It seems to me that if it is in fact a wild guess, there are reasons why the company completing the PFS might present a case that is overly optimistic, and there are reasons why the company completing the PFS might, as you suggest, base it on overly conservative assumptions. But I do agree with your suggestion that this is a starting point from which we can continuously improve the numbers in a multitude of ways.

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