Atomic Bob's Stock Forum - The Golden Thread

Hmmm - Four to Five properties - Only one operational ... and that one is heavily in debt. The 'hundred million' is just a tad more than '100 million' ....

From their 'Blue Mountain' page:

In 2009, NGP was awarded a US $57.9 M ITC grant from the U.S. Department of Treasury for the Faulkner 1 geothermal power plant as well as an additional US$7.9 M for well field expenditures completed post application in July 2011. In addition, NGP closed a US$98.5 M loan at 4.14% in September 2010, with John Hancock Financial Services back by the US Department of Energy with a loan guarantee for 80% of the loan amount.

Let's see 57.9 + 7.9 + 98.5*.8 === what was that ... this is something DIFFERENT .... hmmmmm mebee sew ...

Political Don-ees anybody ? Do we really even NEED to look ?

Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...

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