This is a very difficult financing market, very few independent wind power developers to have built anything
this past year. Any wind company with active projects has to successfully arrange the construction financing
for their wind farms and negotiate Power Purchase Agreements before ever standing a single tower up. The basis
of Nacel's plan for the remainder of 2010 and beyond will be confined to consolidating it's limited resources
to further the developement of it's projects. While it is true that the company has no standing wind towers and has increased their debt, those two dynamics are not indicative of a successful wind development company. JUHL is a great example of a company with serveral projects that have standing towers and are producing wind energy, yet they still struggle to make any profits. I am well aware of the situation Nacel has gotten itself into, it needs more resources for sure, it needs to negotiate PPAs, it needs to demonstrate it's ability to stand up towers, no doubt about it. I suspect that if/when that happens the stock will rise. When it does, we will all say whoopee. Until then, take your sad little faces somewhere else.
I have since wandered on over to the oil spill stocks and picked up some nice hits. Its not easy, but certainly has EVERYONES attention right now. I will revisit NCEN in the future. I mean, .12 is kind of attractive. Never figured it would get this low... but not ready to buy yet.
Either you are vain or have no comment on the fact that Leila Lakes & APS bids were placed prior to Blue Creek , Channing Flats & Hedly Point.
Any DD in this co. indicates that the most mature projects are not being PR'd.
Which indicates that you'll are either unsophosticated or just plain dumb.
Take yor pick a^^h^^les.
I am following it because it was recommended to me, and I have been trying to figure out if there might actually be something here. It appears not.
If you cannot figure out what "see you at .10" means, why are YOU here? LOL.
good analysis there sports guy, and congratulations as the first step in rehab is first admitting that there is indeed a problem. glad you now see the reality many others have seen for a long time. when those others have stated the facts you merely dismissed them as "haters", "bashers" or even worse. we won't tell you to take your (now) sad little face away though.
Carne, I have heard you mention that the price of Natural Gas rising would benefit wind development. Can you explain (not that I disagree, I just am unaware of the relationship between natural gas prices and wind development, other than if gas was prohibitively high, then all alternative energy developements would be more attractive as a capital investment)
Is there more to the natural gas relationship to wind development than that?
Thanks in advance!