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Maxim Power Corp T.MXG

Alternate Symbol(s):  MXGFF

Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional development options in Alberta, including its permitted gas-fired generation project and the permitting of its wind power generation project. The Combined Cycle Gas Turbine (CCGT) expansion of M2 captures waste heat that would otherwise exhaust into the atmosphere and converts it into low carbon dispatchable electricity for the Alberta power grid. In total, it has about 600 MW of natural gas and wind development projects at various stages. Summit Coal LP is a wholly owned subsidiary of the Company that owns metallurgical coal leases for Mine 14 and Mine 16S located north of Grande Cache, Alberta.


TSX:MXG - Post by User

Post by longrun86on Jan 02, 2025 4:03pm
102 Views
Post# 36385114

Take Private Math - Just for Fun

Take Private Math - Just for FunThe shares have now had a great run up to the $6 range and this is after a $0.50 distribution.

We still don't know what Summit Coal is worth (maybe something but maybe nothing). The recent news from Alberta is that the coal industry has a future which is positive.

The Wonder Valley announcement seems to also be positive for Maxim with the Prairie Lights project. Wonder Valley has a long way to go before it is real but it has no doubt had a positive impact for Alberta even if it is just sentiment at this time.

In my simple valuation model I had an upside of $8 per share on Maxim but am curious to hear the thoughts of others.

Best of Luck!

LR
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