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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by materialsgirlon Mar 11, 2016 10:17am
234 Views
Post# 24647705

Shannon and Q1 results

Shannon and Q1 resultsNewstock

We can expect that Shannon will add about 40% to Q1 revenue and then in Q3 we may get an additional 10% increase

How much extra cash flow or operating profit will we get?  We cannot even guess but for sure there should be some significant improvement.

Will we get the first good Quarter in corporate history?  I hope so.  Up until now, 100% of the financial results (25 or 30 Quarters) consistently pointed to a management team lacking in competence.

You know the expression "all good things come to an end".  The opposite is sometimes also true "all bad things come to an end"  Let's hope so.

Additionally, the run of river project is also likely on schedule for Q3

mat
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