cuppa, the presentation in November is where I get the following numbers: - 1MW of geothermal produces approx 8500 MWh per year. - 30MW plant will produce 255,000 MWh per year (keep in mind they have LOIs for 40MW so they may go straight for the larger plant in Stage 1) - PPA for US$120/MWh leads to revenues of US$30.6m per year. - O&M costs are US$30/MWh, which leaves US$22.95m per year. - Argentine tax rate is 35%, which leaves US$14.9m after tax.
Keep in mind that these figures are for Copahue Stage 1 only. The Fiale project has three stages of 50MW each and the latest quarterly indicates that this could be transformational for shareholders.
EHR Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held