Western Wind Energy Corp V.WND

Wondering about net debt

[agrossfarm]

I have been reviewing my numbers of WND and find the list of debt obligations daunting because it is large ($322+ million at the end of Q2). That is almost $1.8 million per MW of generating capacity in debt.

While I know that some of the debt relates to other projects, I am wondering if any of you actually have the number that is for projects under development, as opposed to corporate-level and project debt.

Given the number of shares of WND outstanding and the debt reduced by escrowed money and cash at the end of Q2, I am getting $4.59 cents of debt per share. That is what the numbers say but it looks high enough to wonder whether I have missed something significant.

Does anyone have a different number they'd be kind enough to share?

Thanks in advance.

[impega]

Agrossfarm, have you factored in the $70 million of debt repayment which occurred post Q2?

[agrossfarm]

Thanks a lot for the reminder, Impega. I have not done that yet and I have not factored in the latest loans, nor segregated the amounts for the solar farm versus S,G & A. For my purposes, I first am focusing on only projects that are producing and the state of affairs at the end of Q2. Then I will make post-Q2 corrections. A quick look tells me the $10 million loan for Yabucoa is not

[anott]

Interesting number crunching agrossfarm.  I have seen some really low numbers and some really high and never been able to figure out why they weren't in the middle range (of mid-3s to mid-4s) which is where I think a lot of people see this landing.  Perhaps the high were coming from people forgetting to remove debt and low was from people subtracting debt from a mid-range debt which

[Aprilk]

? Because I realize we get the end result and thats all . I decided to build contacts and deal in the realiities rather than speculate  Well my man $3 will be closer to Brookfield price than all you can conject

[anott]

With a supposed (not confirmed by company, just hereay via their IR) four companies bidding, anyone bidding should be looking at what they want to/need to pay for this, not what they think they can low ball for.  $3 would probably get shareholder support, if it was the only bid.  I suspect that we will not see only one low ball bid, but rather two or three competative bids, with the