If you look at the corporate presentation from around mid last year there is a page which shows there 5 year BOO (Build own operate ) geothermal strategy.
It averages at $2M per MW so I'd assume that thsi purchase is going to be $4M when fully refurbished. Given they have 1 year of work to get it working, I'd assume the purchase price of current infrastructure is much less.
The other big unknown is what they can sell the electricity for. This isn't diesel replacement.
WAS Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
