Obviously 100% upside was never going to be the case, what would the point of the PPA be for the customer.
I am looking into this as well, just taking longer then I planned to gather the data. I really have no idea! but rather then look for a ceiling, I think it comes down to how the PPA is compensated, you cant sell power to the PPA and the market at the same time?
A better question, should this be a secret? can we simply ask for an explanation of the method used from GNX?
GNX Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held