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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by eljoroon Jul 10, 2012 9:37am
190 Views
Post# 20097541

RE: Hrmm...

RE: Hrmm...

I sent a quick e-mail to management last night after the announcement asking what effect getting less money (assuming WND is not successful in squeezing the last 13 mil out of the Treasury Dept) would have on any and all short and medium term future WND plans and the response I rec'd was that "plans will go ahead".

 

This suggests to me that they believe that there is enough money (from the grant, from revenue, from lenders, etc) to meet all financial costs for Puerto Rico, CGEI, etc) going forward. I guess management could also do a PP to raise additional capital, but that has not been their style over the years.

 

While not the home run we were hoping for, getting 78 million is at least a double in my books, considering some here were questioning if we would get anything at all.

 

Cheers,

El Joro

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