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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

Post by Gardner555on Apr 05, 2015 7:31pm
116 Views
Post# 23598985

2014 4th Q Rev estimates

2014 4th Q Rev estimatesCos,
We both came in high on the 4th Q Rev estimates..
Cos, 4th Q Estimated revenues US$ 13.3-13.8 million.. think this was you.
I was 
my guess was $13.255 but came in $12.857M

Not sure why we are both projecting high, oh well.  I put in "correction" factor to my method, so hopefully 2015 Rev projections will be closer. 

Do you have a projection for 2015 annual or Qterly revenue?

Really would like to do a projection of cash flow and expenes for 2015.. my rough one says that Ram can pay bills and have $3M or so in MMR for drilling by Q3 as revenue will be up $4M from last year, even with the shut down for maintenance.

I don't like International rules for financial reporting.. US rules seem much clearer.. and easier to work with.


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