Tuesday, July 27, 2021 1:48:10 PM
These Ecuador deals sound great for making project revenue.
When you do a little digging, the power prices may be okay at about 10 US cents per kwh. How much the project will earn has not been disclosed to investors. Tipping fees are very, very low at about $ 6 USD per ton. Ouch. Wikipedia says Ecuador does not yet have a carbon market or goals. So, what does this mean? The revenue will be low but so are the staffing costs.
My guess is that the $ 13.5 million in revenue for the two small projects could gross about $ 4 million before taxes and financing? So, how much to CLNV?
Announcing an MOU or LOI does not mean anything unless their is a real funder.
When will management disclose who is bringing the money to the table.
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