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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 CarpyDimeon May 29, 2017 11:49am
116 Views
Post# 26295973

RE:RE:RE:These are big, cumbersome projects that take years gather

RE:RE:RE:These are big, cumbersome projects that take years gather Cheers mat. I agree with much of what you say. When look at the the high level financials (i.e. assets, liabilities, revenues, income/loss), between 2013 and 2016 there has been very little if any progress. Everything has moved in a sideways shuffle. That is the frustration, and it is real and somewhat concerning, especially for those that have been in the longest.

I think where I take a slightly different view is on timeframe. If they can't get things together, time will run out on them eventually. But they are closing in on 1000 mW managed and 400-500 mW owned, and if they continue to grow they could become a decently sized player.

A lot of 'ifs' and 'buts', I know....
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