RE: RE: RE: Fantastic News I agree, but let's look at the numbers:
In about 9 months it looks like skokum will provide electricity to 4000 houseolds. I believe that this gives them around 20-25 M a year which is 2.5 M to ROR. in todays markets a multyply of 7-8 is more than reasonable. You get here an asset value 18 M. This brings the share to above 15c. After 5 years they have an option for half the project+ few more projects in the pipe (no pun intended). To me it sounds pretty good, and It might be 5-6 years from now in around 1$. Am I wrong?