OTCPK:MGMXD - Post by User
Comment by
CarpyDimeon Feb 10, 2017 1:00pm
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Post# 25829369
RE:Iceland is in
RE:Iceland is inI seem to recall some discussion the need to drop Iceland, but it is proving to be one of the most important areas of the company. They are developing cutting edge processes and levels of expertise, and their investments there are aksi contributing to short-term revenues.
Alterra is taking a long view rather than getting bent out of shape over immediate profitability. Personally I appreciate that, especially in an industry/market niche that is geared more to the future than the present. They are building centres of energy production, and at some point the grid and distribution (or storage) will catch up. Growth of this company is measured in years, not quarters.