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GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.


ARCA:BAR - Post by User

Post by BCdudeon Nov 23, 2021 3:59pm
341 Views
Post# 34158717

Backlog converting to Operating Assets

Backlog converting to Operating AssetsHi all, I had an email exchange with Nick today, asking him about expectations for backlog being converted into operating assets next year, and this was his reply:

"Regarding converting our backlog into operating assets, we go into some detail on the call but there are currently about 10MW we are prepping for construction, so about 6X our currently operational portfolio, and we expect to at least start construction on another 15MW next year (so 25MW in total). In other words, we really expect to see deployment and operational numbers pick up throughout 2022."

Cheers, BCD



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