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Bullboard - Stock Discussion Forum Alterra Power MGMXD

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 > Bond ...Iceland Bond
View:
Post by Newstock44 on Sep 30, 2016 9:40am

Bond ...Iceland Bond

Good news for Alterra , if the numbers from Iceland don't really count is it really good news, I think it's a hard company to follow but I like to hear news and should be a lot in the next 6 months, 15 percent down from the PT so good time to buy maybe Matt...cheers
Comment by BobTheKnob2 on Sep 30, 2016 5:00pm
Not sure if I am reading this correctly. The way the press release is written it sounds as if Alterra (or at least a subsiduary of Alterra) is loaning 50% of the loan amount outstanding to another indirectly 50% owned subsiduary of Alterra. Here is the quote from the release: It almost sounds as if Alterra is loaning money from one hand to the other hand with interest earned going ...more  
Comment by R_J_ on Oct 01, 2016 2:06am
Alterra Power Agrees to First Stage Refinancing of $72 Million Icelandic Bond - https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2016/Alterra-Power-Agrees-to-First-Stage-Refinancing-of-72-Million-Icelandic-Bond/default.aspx - Louis James Comments Quote. - This is good news, a deal along these lines having been in the works for a long time. - However, this ...more  
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