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strawpatch

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strawpatch

Re: None

Friday, 10/31/2014 2:35:32 PM

Friday, October 31, 2014 2:35:32 PM

Post# of 17377
Looks like the one realistic shot at license agreement right now is Chile.

We knew Cobracrest had a site, but the call stated that they were "very close" to their financing and PPAs. Ron said "we are having a lot of fun and its exciting to be supporting that Chile project". We also know from the Cobracrest website that they have a relationship with SalfaCorp, who I assume would be involved in engineering / construction.

Can you imagine if Cobracrest pulls off the financing for the Chile tower? As Ron stated later in the call, if they can, the license fee itself will cover SWET for operational financing!

Good luck Cobracrest! Your success will be SWET's success.
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