TSXV:CART.H - Post by User
Comment by
Roddiggition Mar 11, 2021 5:12pm
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Post# 32781480
RE:RK field startup imminent? Gov't representatives have been
RE:RK field startup imminent? Gov't representatives have beenLooking forward to it. I know there's a lot of animosity with RK because the NRU took 4 years and nothing happened, investors and shareholders want to see it's producing before jumping in. But I am confident that this time there will be no issues. These generators are not like the NRU(custom piece of equipment). 70 of these generators exist in Ukraine, so it's not some unique project. But I do like that we will be selling not only natural gas, but also electricity (Nat gas is East assets, Electricity West). Like you said, we got them at a 50% discount, saved KUB around $1.5 million USD, which means we can pay them off faster.