As we understand it from reading all their announcements.
South Hummocks and Kadina in South Australia have been renamed to their site names from earlier announcements of EPC contracts secured with Astro Energy. We cannot see any information that these are MPower revenue generating assets, these were just EPC contracts for a developer and solar panel manufacturer. We are not expecting any power generation revenue from these two projects
Any cash due from these projects at this phase of the project life cycle would typically be the documentation milestones @ around 5% of the contract value.
MPR Price at posting:
9.5¢ Sentiment: None Disclosure: Not Held
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