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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by agrossfarmon Nov 28, 2012 9:57am
164 Views
Post# 20653733

RE: RE: anyone have details on the tax credit?

RE: RE: anyone have details on the tax credit?

My US contact called WND and was told essentially the same thing, Probability.

And this meant that all the benefits had been received (except for Puerto Rico, I think). And given WND horrible mess of debt, Management wisely uses assets to retire as much debt as possible because the interest rates are very high. 

My calculations indicate a net debt (debt minus cash), not including the new debt specifically for Puerto Rico, to be $3.65 per share. And no longer any significant value for any tax credits. I expect the Q3 SEDAR filings will  clear this up once and for all. 

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