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Pure Cycle Corporation
(PCYO-NASDAQ) |
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CEOCFO Current Issue |
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Pure Cycle
Corporation is an investor owned water utility uniquely positioned to
capitalize on the skyrocketing costs for water service in Denver Colorado
through development of its large unallocated portfolio of water to the
region Utilities Water Utility (PCYO-NASDAQ) Pure Cycle Corporation Mark Harding President Interview conducted by: Lynn Fosse, Senior Editor CEOCFOinterviews.com February 24, 2005 To order the complete
February 24,
2005 Issue of CEOCFOinterviews.com left click below for
our secure forms: |
“I have been with Pure Cycle for fifteen years and have structured most of the asset acquisitions of the company. One of the things we always knew is we were acquiring a very valuable asset. The difficulty was it was not so clear as to when those assets would begin to monitize. We knew year-over-year our assets increased in value because we knew the price of water in Denver and the State of Colorado continued to rise. If you look at tap fees fifteen years ago, they were ranging around $2,500.00 a tap, now they are over $12,500.00 a tap. We have seen tremendous increases in the value of our assets and our shareholders have benefited. The company continues to maintain a fiduciary role in managing the investment capital. It was inevitable that these assets would be monitized, we just didn’t’ know when and how that would happen.” - Mark Harding |
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