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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 > Alterra's next move
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Post by RDK241t on Apr 04, 2017 2:39pm

Alterra's next move

I think Alterra's next move in order to really
jumpstart this stock is to merge with
another company so that they can become much bigger. 
Their existing growth plan doesn't seem to be
moving fast enough to keep investor's interest.
Is this a possibility in the near future anyone?
Comment by BoldForbes on Apr 05, 2017 11:41am
RDK241t, I was hoping that Alterra would have used the "road show" last year as showcase for M&A activity, but they stated last year (as I recall) they were going to go it alone.  Perhaps they will change their mind or alter the course after 12 months.  M&A is how Alterra was formed. We might need a stronger board; voting will be shortly. The growth path seems OK ...more  
Comment by materialsgirl on Apr 05, 2017 2:42pm
RDK Up there for thinking.  You are right on about the benefits of merging.  Bigger companies can borrow money a little bit cheaper and you obviously get economies of scale. It could rid us of the wasteful AXY habit of having too many joint ventures.  The project has to then support 2 corporate overhead expenses.  It is much better to have a good size project and own 100% ...more  
Comment by R_J_ on Apr 12, 2017 6:19am
Marin Katusa's two cents. Quote: - . . . The next major catalyst for Alterra shareholders to be watching out for is a power sales agreement for Alterra’s Flat Top wind project. This long term sales agreement between Alterra and a third-party. It is key to bringing the project into production as it solidifies the revenue stream on the asset, which I believe will be a big cash flow generator for ...more  
Comment by R_J_ on Apr 12, 2017 6:38am
What is Flat Top, we ask? - Well it is in Texas - 06/16/2016 Alterra Power Acquires 200 Mw Flat Top Wind Development Project - https://www.alterrapower.ca/default.aspx?SectionId=5cc5ecae-6c48-4521-a1ad-480e593e4835&LanguageId=1&PressReleaseId=8d78767b-1ece-405d-80ce-8bf94cf51c11 - 01/05/2017 Alterra Power Announces Execution of Project Contracts for Flat Top Wind Farm - https://www ...more  
Comment by materialsgirl on Apr 12, 2017 2:08pm
RJ What is Flat Top It is correct to say that it is in Texas just like Shannon. Sadly, you should be fearful.  Like Shannon, it will be another big loser for AXY AXY does not know how to negotiate pricing for electricity and so they will do what they normally do.  Sell below economic cost They will sell electricity from Flat Top that will be at a lower price than an economic level ...more  
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