SLX 1.72% $5.14 silex systems limited

re-read mg's letter of 20th may, page-20

  1. 13,954 Posts.
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    We need to get a move on with solar though.

    I don't know if this is a valid measure (very rule of thumb) but looking at First Solar with a market cap of $6.4 billion and 8 gigawatts installed, that gives a market cap of around $800K per megawatt installed.

    We have 4 megawatts installed = $3.2 million market cap for solar systems.

    Add in Mildura Stage 2, that would give us $82 million market cap.

    Add in a 50-100MW project in Saudi Arabia that would give us $163 million.

    And so on. We really need to get these larger scale projects rolling out....
 
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