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Bullboard - Stock Discussion Forum 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... see more

TSX:MXG - Post Discussion

Maxim Power Corp > Maxim - Future Plans
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Post by longrun86 on Sep 08, 2023 1:02am

Maxim - Future Plans

Once Milner is fully up and running (I am expecting an update any day now), it will be interesting to see where Maxim sees its future going.

From a timing perspective, they will finally be looking at opportunities where valuation multiples have come down and free debt is no longer being thrown at projects. I like the growth opportunities if they choose to go down this route.

I expect this to become more clear within the next 9 to 12 months and in the meantime, I would be pleased if they thought about shareholders in the form of a small special dividend.

LR
Comment by tinkvid on Sep 08, 2023 10:25am
Solid Management making key moves for the company and its shareholders. If you havent had a chance to listen to the Valory Resources Webinar that was on Aug 31, do so. They are moving this asset along nicely and just bodes well for Maxim Power Corp. 
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