Western Wind Energy Corp V.WND

FVR and WND

[Aprilk]

LOAD UP ON BOTH >

[degus]

Why, what price will FVR sell for and why do you think they have more value than the current price? They have zero income, right?

[Aprilk]

.50 minimum>

[degus]

Thanks, but why? How do you value their contracts with BC Hydro? On what basis? What is their non-operating interest in the Irish project worth and on what basis? Without EBITDA how do you calculate ROI so you can get a value, subtract debt and divide by the number of shares?  

[castle123]

WND is a winner! Be careful if you look elsewhere?

[bakken13]

I'm not sure who you are responding to, as I have a lot of losers on ignore, but I ran through the numbers on FVR and bought a bunch in the 30-cent range. If you look at previous deals for projects such as what FVR holds, you could easily justify a buyout in the 80-cent range. But I discount that a fair bit, and am looking for 55 to 60 cents. They also have preliminary bids on the table, just