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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Comment by Gardner555on Jun 05, 2014 1:16pm
202 Views
Post# 22633978

RE:RE:RE:How are we like Nevada Geothermal and how are we different?

RE:RE:RE:How are we like Nevada Geothermal and how are we different?Assuming lender is Ok with waivers.. which I think they probably are.. for now..

If we take $52M less $11M, gives us.. call it $40M Ebitda for projections  at  7X is 280M, less net debt  of 250 ( 265 less reserves of 15)  leaves 30M, div by shares is .08

Any extra out put or investment in a well is pure gravy.. Lets say you spend $20M to get even 10MW, you earn $10M on your $20M investment. This potential has got to worth something..  .02 at least.

All other projects.. assumed worthless but possibly of interest to some. Still assume .00

So, I do still think there are options for a sale at .10 or better, or JV, or ? that will realize more value than the stock is trading at today and since the .08 offering.
 
Gardner555
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