....diese sehr positive Nachricht hat zu dem mächtigen Plus der letzten Tage geführt. Daher denke ich nicht, dass die noch mal unter 0,40 € kommen wird, falls da tatsächlich noch jemend drauf hofft.
U.S. Geothermal receives first Neal profit distribution
2014-03-10 08:07 ET - News Release
Mr. Dennis Gilles reports
U.S. GEOTHERMAL ANNOUNCES FIRST DISTRIBUTION OF PROFITS FROM THE NEAL HOT SPRINGS PROJECT
U.S. Geothermal Inc.'s Oregon USG Holdings LLC has made its first distribution of profits from the Neal Hot Springs project. Oregon USG Holdings is owned 60 per cent by U.S. Geothermal and 40 per cent by a subsidiary of Enbridge Inc. Under the terms of the U.S. Department of Energy loan agreement, profits are distributed to the equity partners semi-annually (February and August) following final completion, which was achieved on Aug. 1, 2013. U.S. Geothermal's share of this first distribution is $4.6-million, out of a total distribution to the partners of $7.7-million, which represents profits generated from the project since initial operation began in November, 2012.
"After years of effort by our team, we are now realizing significant cash flow from the Neal Hot Springs project," said Dennis Gilles, chief executive officer of U.S. Geothermal. "And, while the amount of this first distribution represents profits generated over a longer time period than future anticipated semi-annual distributions, it is an important milestone, with the project operating both successfully and contributing predictable cash flow to the company. This cash, in addition to the previously announced cash received with the resolution of the equity ownership percentage, places our company on a very solid footing to support our current growth activities."
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