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dr_airtime

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dr_airtime

Re: bbotcs post# 17152

Thursday, 03/31/2016 6:27:54 PM

Thursday, March 31, 2016 6:27:54 PM

Post# of 17741
PIF.TO...some qualitative thoughts

Appears PIF's use of Iceland drilling for current drill program was influenced by this meeting:

http://www.thinkgeoenergy.com/iceland-and-nicaragua-sign-mou-on-renewable-energy-cooperation/

Nicaragua's electricity sector. "SJP" under power plant section is Polaris' project but it is actually around 50MW but wiht a PPA for up to 75MW so open for expansion:

https://en.wikipedia.org/wiki/Electricity_sector_in_Nicaragua#Generation

Finally Nicargua is poor and I know when the B2Gold (BTO.TO) Gold mine opened up there in 2006 that that was the coutry's largest single tax payer. Risk here may be that ENEL (state electric company) can't pay their bills despite the offtake agreement.


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