I kid you not.
Check out this link ...
... around the 16:00 mark.
The fact that their first plant takes 9 months (construction + commissioning) instead of 7 or 8 is insignificant to the big picture.
The $300M figure is for domestic geothermal alone ... Symetron applications, Indonesia & Caylon projects could add substantially more.
nice promo film....I think these guys are smart!
you can have the best idea and resources a business plan in the world and it will do you no good if it is not made to the investing public. This is slick well presented pr media, more companies should have communications like this.
The geo-resources under RZ's "Thermo" are world class, its one of the top US geo thermal site discoveries in 25 years.
I just got 110% retrurn on my money invested in US Geothermal ( HTM, 0.43 to $1.10 in one week), heading for $3 end '09. GEOTHERMAL IS HOT HOT HOT. I AM BUYING 5k of RZ TOMMORROW THIS COMPANY IS GREAT.
What are you smoking man? What do you not understand? Motley fool says Raser has nothing but just a website. What a bunch of fools that can't see what has been built on various physical sites and not just website. Is America full of fools? RZ to $10+ in 2009 imho
My understanding is the $300,000,000 will go straight to RZ.
If you go to the 9:30-10:45 section of ...
... you'll see that for a typical plant, RZ will contribute $12M of capital but will receive $38M of fees within 10 years ($30M of which is within 18 months).
For plants with bottom cycling, RZ will receive an additional $10M-$13M (within 18 months). (Go to the 14:10 section.)
RZ's projection of roughly 8 plants per years (3 with bottom cycling) adds up to $300M in 2011 (and more thereafter). (Go to the 16:00 section.)
In light if this, and its Symetron potential (not reflected above), its market cap of about $200M is absurd.