RE:Alberta Electricity 30-day rolling average $195.99/MWspot on Kiln The price even higher now, the 30 day is $242, going to an outsanding 3rd quarter. Comparing to last year the realized price for MXG was $105.77. So far July 22 price was $143.72 and August has a week left, so lets say worst case end up at $220 (which is a big drop and weather looks ok) and then we take last year Sep Average of $94.55....so if we do a simple average of the 3 monhts that is an average price of $152.76...and on 390k MW per Q is $59.58m in revenue for q3, conservatively assume the margin of last quarter (will likley be better as alberta gas prices dropped)...Adjusted EBITDA of $23m
I beleive this is conservative as margins likely better and pricing can turn out much better than in the assumptions I used