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Synex Renewable Energy Corp T.SXI

Synex Renewable Energy Corporation is engaged in the development, acquisition, ownership, and operation of renewable energy projects in Canada. The Company has ownership interests in 12 megawatts (MW) of operating hydro projects in British Columbia and owns a Vancouver Island grid connection and utility carrying on business as Kyuquot Power Ltd. The Company also has 9.4 MW of construction ready run-of-river projects, applications, and land tenures on another 24 potential hydroelectric sites totaling over 150 MW of capacity, and approximately 16 wind development sites that could provide up to 4,700 MW of clean power in British Columbia. The electrical energy business of the Company is conducted by its wholly owned subsidiary, Synex Energy Resources Ltd. Its power plants include Mears Creek Hydro Plant, Cypress Creek Hydro Plant, China Creek Hydro Plant, McKelvie Creek Hydro Project, Newcastle Creek Hydro Project, Victoria Lake Hydro Project, and others.


TSX:SXI - Post by User

Comment by smoking81on May 26, 2021 11:54am
302 Views
Post# 33267902

RE:RE:RE:NR - Synex Int'l Keen to Tell Investors about its Projects

RE:RE:RE:NR - Synex Int'l Keen to Tell Investors about its ProjectsJust as you said the root of the problem was years in the making. The exception is they have kicked out the old guard who got us into this mess. I agree it will not be easy to correct but new management have to look at all options. Clean hydrogen as a transport fuel makes sense but not as a replacement for natural gas as the prices are too low. My best advice is to buy other companies like Jade Power to slowly grow this thing. Look at page 16 of 18 in the link below and you can see that both Synex and Jade power are at the very bottom of value ranking in market cap / total assets. 
https://916893b9-1c2d-4282-a9ca-ab796465649e.filesusr.com/ugd/8c4351_7a505e37d270449dbb874b587f5b5a38.pdf

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