ORIONS Money Stocks

[Lady-baron]

HTM here is a thought on how they might finance the construction of the newly acquired geyser project. In the last cc the ceo mentioned that Enbridge expressed an interest in working together in new projects. Neal Hot Springs was developed and constructed in partnership with Enbridge. Their ownership interest is 40%.
As a result of the final agreement HTM has received a USD $6.2 million cash distribution from the partnership. So this money was used to buy the geyser project.
HTM also received a loan guarantee from the U.S. Department of Energy (“DOE”) which helped funding the NHS construction cost.
A similar deal could be made here imo.