RE:Musings on Montalvathe PR that was released yesterday is the best news we had the last 5 years.
the deal will be closed soon (1-2 months) and like i said this will open more opportunities for GRB to have more projects in PR..this could became huge...first Montalva and then next project when having good relationship with PREPA...
think for yourself why Prepa wants to negociate again:
duration contract?price kWh?insurance?
but we are in good position to negociate with signed contract,lawsuit,congress support so we can give something to PREPA but not to much...
important is now that this deal gets finalised asap and we can start building before year end. for the 30% tax advantage.
and believe me this contract alone will get our shareprice well above 3-4 cad when final deal is signed with new prepa management.
do your own DD