Western Wind Energy Corp V.WND

Looks like a sale sooner

[gettin2]

https://www.stockhouse.com/companies/stories/v.wnd/8672499

"milestone required prior to the sale of the company"

[peakoiled]

And keep reading.... "This loan facility retires expensive debt and furnishes extra equity to help complete the Yabucoa financing." Only #3 is complete. We still need #1 and #2 (from July release): "1. Financial completion and start of major construction on the 30-MW Yabucoa Project, Puerto Rico. This will add $160 million to Western Wind's balance sheet to approximately $560

[Aprilk]

The reason it is only $3 for the deal becomes clear if you remove that $160million added value  - watch and see 

[impega]

Looks like the Yabucoa lenders were looking for more equity from the company and now they have it. I would speculate PR financing might very well be announced before the end of the month. Then we will pop.

[Probability]

Impega seems to have hit it dead on . These guys are doing great  I am hyper cautious as most of us have become , but this will be  a decent return   

[anott]

Aprilk, I am still not understanding your math.  At $3 you are suggesting a value for the company (or its assets) of $210M.  How do you come to that figure?  Even the number of $370M - $160M dont make sense.  I can't seem to track why you are using and subtracting either of those numbers.