Post by
JefffCEO on Apr 15, 2021 1:26pm
Disosa and Whoami2u and 9islucky
Disosa and Who and Lucky ..
The reason we will not take on any of the other projects or locations in PR is all based on solar
resource. If you look at the NREL map which forms part of our deck, you will note the solar
radiation bulleyes at Montalva. The highest on the Island. If you look at all the filings from PREPA
and PREB you'll note we are the only project at this location. Except Solaner located 15 miles
away, every other project is within the coastal rain cover which gives much lower solar
radiation of between 20 to 40% less. This is an immediate reduction of equal revenue as the fuel
source for solar farms are photon radiation. In fact, Hubbie87 visited our site and also witnessed
the arid anomoly of having this micro-climate in the tropics. Very rare to see dry grass in the tropics.
Regarding the 24 cents and who pays this, many Ag, Industrial and Commercial customers do
where I witnessed their power bills when we first met Devon. In Alberta the average energy cost
on their bill maybe only 14 to 15 cents, BUT they all pay a Capacity charge of 10+ plus extra per
kwh. This means a large commercial plant using a 4.5 MW peak load may pay only 14 cents for
the actual kwh usage, but because the substation and T&D is dedicated to his business 24/7, the
asset is "stranded" and he pays an extra 10 cents+ per kwh as a capacity charge.
Alberta has a very expensive capacity charge system that is extremely high for mainland North
America.
Regarding the real estate regional brokerage, people cannot figure out what is going on even with
the release but we will educate everyone in due course with higher share price, because you just
need to read and re-read the release and then read in between the lines. Obvious to a very few, but
not many yet. Let Sam and Goldy do their job and loosen up shares for the "in tuned" and
loyal shareholders on this board.
As always enjoy difference of opinions, its what makes a market!
Comment by
whoami2u on Apr 15, 2021 3:33pm
Great reply Jeff. That's what this board is for. This is the CEO I invested in. One willing to educate his shareholders and help them understand the business and realize the value that is GRB. The other Jeff, frankly, scares me a little.
Comment by
SamRothstein on Apr 15, 2021 4:23pm
You summoned my liege? Thanks for explaining everything because like a lot of people I was wondering what was wrong and why the response to the NR was so tepid. Now I get that it is just that the markets aren't smart enough to read between the lines. I'm sure you will be able to educate them because you are an educator.
Comment by
disosa on Apr 16, 2021 8:53am
Ty Jeff to take the time to aswer our questions. I understand very good the big potential from Sage Ranch,Alberta and Montalva but the acquistion of the regional real estate company i don t know what impact this can have on Grb his marketvalue. You sound excited and see this a major Milestone for Grb ( and his shareholders) so I hope we will soon find out what the potential is .