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davidshelton

davidshelton
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  • Holiday Shopping Deal On Ram Power Shares [View article]
    "Keeping in mind that Well SJ 9-3 is not tied into the gathering system the plant is currently operating between 54 and 57 megawatts gross as Well SJ 12-3 continues to cycle. While it's still too early to determine the exact megawatts we have gained as a result of the program we will continue to monitor the stabilization of 9-3 and 12-3 going forward and we will have further updates as needed."
    D Lane you're right! 54-57 Gross currently and if 9-3 is tied in without further hitch then we're on the right track. I'm wondering about their earnings projections of only 49-52 Million. If they were producing about 41 MWh for the last few months of 2013 then shouldn't earnings jump considerably more if they manage to add another 20MWh or so of generation capacity? Are they not being very conservative? I bought some more shares today also.
    Apr 7, 2014. 03:08 PM | 1 Like Like |Link to Comment
  • Holiday Shopping Deal On Ram Power Shares [View article]
    Interesting conference call - so we have 52-55MWh without well 9-3 which was cycling 7-10MWh. If they can tie that in successfully without further issues we are on target for 60+MWh and a much healthier cashflow than last year. I assume that the prospective buyers of Ram will have to pay a decent multiple for the project now. Geysers is sold and things are looking up finally, I suppose!
    Apr 7, 2014. 01:23 PM | 1 Like Like |Link to Comment
  • Holiday Shopping Deal On Ram Power Shares [View article]
    So with recent the recent remediation comments in the year end results news release am I reading it right that generation capacity has been raised to a level of 56-62MWh?
    At current PPA pricing they should be getting around 9cents/kWh where current consumer rates are close to 25cents/kWh. I would hope that the PPA can get closer to the previously cited wholesale figure of 17cents/kWh. I hope the company can renegotiate a better deal with the new owner of Disnorte/Dissur, TSK Melfosur and the Nicaraguan government that now has greater control. The FSLN are aggressively expanding rural electrification and upgrading the shaky grid. Even though they claim to have over 1000MWh of generation capacity they desperately need more capacity and especially more renewables to reach their goal of 90% renewable generation by 2020. http://bit.ly/1kjoaT7
    All this should put San Jacinto Tizate in a good position provided the company can execute and do a better job at Casita IMHO. I'm still holding and waiting for what potential suitors might emerge....
    Apr 7, 2014. 11:41 AM | 1 Like Like |Link to Comment
  • Nasdaq and Russell 2000 tumble more than 2% [View news story]
    Care to mention that $GLD blasted through 125 today and GDX/GDXJ are catching a bid??..... nah, not really newsworthy today, is it?
    Apr 4, 2014. 01:32 PM | 2 Likes Like |Link to Comment
  • Why Gold Is Falling & A Gold Forecast You May Not Like [View instapost]
    Gold has fallen since the announcement of QE3 on September 2012 and began the bottoming process in June 2013 on the announcement of tapering by Bernanke. Since tapering has begun Gold has essentially rallied. Coincidence?
    While the current sell off is unsettling, the opposite may be true to the authors article above. If Yellen cannot jawbone people to borrow today for fear of higher rates tomorrow then RIR's will stay negative and bond yields will stay depressed or reach new lows. All IMHO.
    Mar 28, 2014. 02:17 PM | Likes Like |Link to Comment
  • Yellen: QE could end this fall; rate hikes maybe 6 months later [View news story]
    The patient is a man for want of a better expression.
    Mar 19, 2014. 04:17 PM | 1 Like Like |Link to Comment
  • Yellen: QE could end this fall; rate hikes maybe 6 months later [View news story]
    If there was ever any doubt about the direction of QE......
    Meanwhile the patient begins to twitch nervously as Dr. Yellen finishes administering some bad news about the removal of his monthly financial heroin.
    Mar 19, 2014. 03:30 PM | 4 Likes Like |Link to Comment
  • What The Collapse In Copper Prices Means For Investors [View article]
    I'm concerned and am watching but does copper still have a PhD in economics? Otherwise it is a strange environment for Yellen to be talking about rate hikes.
    Mar 19, 2014. 02:42 PM | 1 Like Like |Link to Comment
  • Apple's Prognosis: Range-Bound [View article]
    About bloody time! What's the track record of SI Group with predictions though?
    Mar 18, 2014. 12:14 PM | Likes Like |Link to Comment
  • Iron ore plunge hits Brazil [View news story]
    China funk coming home to roost? Is China going to be the 3rd spoke in the global wheel to have a crisis? (after US and EU had theirs?)
    Mar 10, 2014. 04:30 PM | 2 Likes Like |Link to Comment
  • The Next Melt-Up Emerges [View article]
    Hi Michael - I have followed and enjoyed your articles and a good few of your calls up to now(thanks!) but I find this one, one of your boldest yet. I have a feeling you might be early. Have you discounted the continual pain that further tapering will cause EMs as the hot money tide goes out and shows up those countries who aren't wearing any clothes.... Surely further pressure on EM currencies is a certainty thanks to further capital outflows which will only hurt EM economies further in the near term. The Fed has spoken - the rest of the world be damned they will taper.
    What are your thoughts(or anyone else's) on this?
    Feb 25, 2014. 05:24 PM | 1 Like Like |Link to Comment
  • Apple's Prognosis: Range-Bound [View article]
    I found it on the CBOE via my IB account. I notice volatility is at the lower end of the 3 year range. A good time to buy calls and not sell premium? A great time for a strangle?
    Feb 24, 2014. 12:24 PM | Likes Like |Link to Comment
  • Cameco Is A Solid Bet For The Likely Recovery In Uranium Prices [View article]
    @drone and @Michael Blair - FYI Helen Coldicutt is just an anti Nuclear M.D.with political aspirations but certainly no expert on Nuclear power. She seems to be good at crying wolf though about the dangers. http://bit.ly/1fNaety
    Arnie Gundersen of Fairewinds is a much more informed opponent of Nuclear power to listen to. He's a former Nuclear industry insider and former whistleblower. His website has been a great resource for me and a great counterweight to my pro-Nuclear line of thinking.
    Disclosure : Very Long CCJ.
    Feb 8, 2014. 10:58 PM | Likes Like |Link to Comment
  • Contagion spreads for emerging currencies [View news story]
    Does this remind anyone of the Asian crisis of the late 90's?
    Jan 24, 2014. 10:56 AM | 2 Likes Like |Link to Comment
  • Holiday Shopping Deal On Ram Power Shares [View article]
    I hope they get decent bids for the company! I might have to average down a bit more....
    Jan 24, 2014. 10:41 AM | 1 Like Like |Link to Comment
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