what will frank do??, page-8

  1. 5,980 Posts.
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    I would think FR is now focusing on Geopower not MHM now that is likely to list in the coming months , as Ben his step son is CEO and FR was the " brians " behind some the technology I dont think he will be short of a dollar as Browser confirmed in his post

    As a result of the new game I would expect FR to be a seller of MHM and not be to worried about a need for FR to play friendly on the hand over of the IP as so many in here hope he does

    From the Geopower website

    Dear Investors,

    Thank you for visiting our recently launched website.
    On behalf of the Board of Directors I am truly pleased to announce that Geopower plans to move forward with the company’s Initial Public Offer (IPO) of shares on the Australian Stock Exchange (ASX) in early 2013.
    Geopower is a renewable energy developer that intends to use fully commercialised technologies to own and operate renewable energy projects diversified by technology and geography. The Company has a diversified portfolio approach rather than being wedded to a particular technology or ideology.
    The Company’s pragmatic approach to renewable energy generation, with a focus on energy production, cash flow and diversification, has been designed to give investors risk-mitigated exposure to the continued emergence of the renewable sector. Geopower is not a technology company; it is a developer of renewable projects with to the aim of generating superior returns for shareholders.
    Geopower will only develop projects that use commercially proven technologies that offer reliable operating performance. This reduces project risk, increases the likelihood of debt finance for leveraged returns and accelerates project commercialisation. By carefully selecting projects under strict performance criteria, the Company aims to achieve above average returns for shareholders from a diversified range of projects.
    The Company will initially concentrate on two areas: biogas and waste heat recovery. These types of projects satisfy Geopower’s criteria as fully commercialised technologies, can be inexpensive to develop and enjoy short construction timeframes, often less than 12 months. Geopower intends to always have power purchase agreements in place prior to commencement of construction, thus providing project cash flow certainty. This is a self-funded growth model that aims to avoid shareholder dilution.
    Geopower has an option to acquire an ownership interest in a large US biogas project, the details of which remain confidential at this time. Further information will be provided in the Company’s IPO prospectus due for release in early 2013.
    Geopower has a number of additional development opportunities under consideration, which will progress further following the IPO.
 
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Last
51.5¢
Change
-0.010(1.90%)
Mkt cap ! $268.9M
Open High Low Value Volume
52.5¢ 52.5¢ 51.0¢ $177.2K 341.5K

Buyers (Bids)

No. Vol. Price($)
6 18568 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 63805 3
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Last trade - 15.54pm 10/07/2025 (20 minute delay) ?
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