big win, page-14

Climate Spectator have also just posted aninterview with Gerry McGowen. It's very long, but worth a read. Last two Q&As are:

GP: You?ve revealed in your announcements today that you?ve had to sell some RECs (Renewable Energy Certificates) because of capital management. You guys got cash flow problems? And what are you doing about it?

GM: Well, the issue for us is that we haven?t had any debt in the company. We?re now just putting some debt in the company to enable us to manage that. The company really hasn?t had debt over time and it?s been that way because of the way it has evolved. But we are now putting debt lines in place that means that we don?t have to sell our certificates on the spot market.

GP: Your stock, like many other renewable energy stocks, has not done particularly well over the last year or so. What do you think will change, if anything can change, investor sentiment?

GM: Well, I think what you?re seeing in our stock is that, for the past year at least and probably two years, we?ve been putting relationships and building blocks in place for us to build a sustainable renewable energy company that is based on wind and solar. Over the last couple of months we?ve been out there talking to people and showing them what we?re doing and telling them what the potential is for the business. You?ve seen our stock price go from the 9c or 10c to the 16.5c, 17c that it is lately. We have signing ceremonies for the joint venture occurring March 21 and I think the true implications for that joint venture will be seen at that time.