Sunday, December 11, 2011 4:10:14 PM
that for now, just the 1 megawtt.............. powering 1000 homes <small homes>, which is what i assume the philipines has over there.......
lets say on average they pay 50 dollars a month for this electricity..............thats 50 grand a month, 500 grand a year or so.......minus the agreement/cost sharing.......lets say HALF.......a quarter of a mil..........and lets say it cost a half mil to build.........so it wont pay itself off for a year.....and then Maybe fep gets to keep a quarter of a mil a year? and if theres taxes......somewhere between 100 grand and 200 grand?.....I guess its enough to pay some cronies salary on the board of directors so the cash doesnt get depleted as fast as it is.....so its better than nothing but not a game changer at all.........if they can build 10 of those....now we are slowly getting somewhere.
Just my honest opinion.
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