I would disagree based on the fact that they have no funding for their business plan and no idea if they will ever be able to find any funding.
Only other option would be to unload common shares into the market which would sink the pps in no time.
I would say there really aren't any hints in the business plan as they are unable to move on any plans they have to to lack of funding and liquidity. It's more of a business dream than a plan considering they aren't financially capable of moving forward with it.
GSAE is using the GOOD Vesta Wind Turbines. Right next door to me, they put up 8 new 2.5MW Clipper Turbines. I've only seen them all turn ONE time. Right now there's only 4 turning and they're Brand New...And the wind farm is owned by British Petroleum....that's what you get for cutting corners....lol:
Belo Blato Summary Supplier VESTAS V52 WTG Numbers 23 WTG Capacity (MW) 0.85 Nominal Power output (MW) - Installed Capacity 19.55 Capacity Factor (estimate) 40% Full Load Equivalent hours pa (estimate) 3500 Energy Production (GWh) pa 68.43 Diameter (m) 52 Swept area per turbine (m2) 2124 Total Swept area (m2) 48,845 Hub Height 60 Tip Height 86 Cost per MW installed € 850,000 Cost per Turbine including part of SCADA € 722,500 Cost per Swept area (Eur/m2) € 340 Total Turbine price € 16,617,500 Design and Construction cost (estimate) € 1,661,750 Network Study cost (estimate) € 70,000 Grid Connection cost TBD Service and Maintenance per turbine (Eur/year) € 12,750 Wind Farm Annual Service cost € 293,250 Base Case Scenario Selling Price (Eur/MWh) € 100 Income for Energy Sales pa € 6,842,500
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