OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Apr 12, 2017 2:08pm
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Post# 26113801
RE:RE:RE:RE:Alterra's next move
RE:RE:RE:RE:Alterra's next moveRJ
What is Flat Top
It is correct to say that it is in Texas just like Shannon.
Sadly, you should be fearful. Like Shannon, it will be another big loser for AXY
AXY does not know how to negotiate pricing for electricity and so they will do what they normally do. Sell below economic cost
They will sell electricity from Flat Top that will be at a lower price than an economic level for shareholders. It is sure. This is where Ross Beaty is asleep at the switch. He is blithely blind or unaware or does not care. Either way, it is time for him to go. He is yesterday's man from a different business.
Flat Top will do nothing for us. I betcha. They already have done draft copies of the excuses; too little wind etc.
Ross Beaty used to be seen as a smart man. In green energy, he acts more like a buffoon.
Flat Top may lead to AXY being Flat Broke.
mat