in presentation It stated that free carry equates to approximately a 10% of Project.
for each $200M project that equals $20 Million value of investment…..at project cost….
I don’t know how else to read that statement…
halve it and still a great number…..
That is the free carry!!!
on top of 4% Developement cost and annual Royalty..
And company has stated that it is developing at least 4 more similar projects just in Alberta
and then Geothermal, oil sands, compressor stations
Company has given shareholders much to look forward to and is clearly set it’s sights on becoming the world leader in Waste heat to energy processing ….
Like Surandy70 I was surprised that share price did not move on the first AUC advise Surandy posted… so I bought few more on that and again after granting….
Thanks again for your concise and accurate postings
Going to be one heck of a ride….
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