Shouldn't this be 8 to 12 bucks??? I don't get it. I like the idea of geothermal but not with a massive PEG and FPE of 26, loss most recent quarter...this truly sucks as a stock investmnent right?? please explain valuation someone. takeover maybe??
"Geothermal energy power plants typically have higher capital costs (primarily as a result of the costs attributable to well field development) but tend to have significantly lower variable operating costs (principally consisting of maintenance expenditures) than fossil fuel-fired power plants that require ongoing fuel expenses. In addition, because geothermal energy power plants produce 24hr/day weather independent power, the variable operating costs are lower."