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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Up jimmy creek
View:
Post by Newstock44 on Sep 21, 2016 11:01am

Up jimmy creek

With that news things look great , better loan should be good on the books, production up all good up Jimmy creek cheers
Comment by BoldForbes on Sep 21, 2016 5:13pm
Newstock44, I agree, it looks like the company is locking in long-term cash outflow.  With the decision to have a dividend this will help cash projections and the ability to support (the dividend). Locking in at 5.26% seems like a good rate as well for a 40 year loan.  I can live with the 10% balloon, especially when you do a present value calculation of what this amount is worth.  ...more  
Comment by R_J_ on Sep 29, 2016 11:27am
Alterra Power Announces Term Conversion of Jimmie Creek Financing - - https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2016/Alterra-Power-Announces-Term-Conversion-of-Jimmie-Creek-Financing/default.aspx - Louis James Comments Quote: - This is largely as expected, but important to note as it officially marks the project's successful transition from ...more  
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