EARTHBOUND - Pro Action Replay Codes V1.03 General Notes: Codes created by: Me (Washuu108), unless noted in credits This Document ©2002-2003 Washuu108 If I find this on a site other than: Gamefaqs.com e-mail me to get your site added here!. See the details about Broken machine from EarthBound, including buy price, sell price, help text, who can use it, and more. I seem to remember that calls you'd normally get with the receiver phone still come through when you do not have it. Probably just the same mechanism that triggers all of the Sanctuary events and the Spook abduction and whatnot. They are encountered in the Dusty Dunes Desert in EarthBound and New Pork City in Mother 3, respectively. Other PP-healing items will recover the same for everyone.
A broken slot machine pays every time you pull the handle – that’s why serially successful Explorers’ League honoree Ross Beaty earned this nickname from investors. Will it be true once again with his latest effort in the geothermal sector? We talked with Ross candidly about the future for Magma Energy (T.MXY), including the activists in Iceland that won’t go away. Here’s the latest from one of the most successful of our XL-ers…
Explorers’ League Editor Jeff Clark: First, Ross, tell us why you got involved in geothermal after being in mining so long.
Ross Beaty: I wanted to build a green company. Geothermal power is a form of electricity generated from clean earth heat that doesn’t require incentives to be a good business. So I started Magma in 2008, and the business plan is to build a global leader in clean energy, just like we did with Pan American in the silver business.
There are very few companies in this industry. It’s a small component of the world energy supply, but it’s the cleanest type of energy on the planet. It’s also among the cheapest when you add in capital costs, operating costs, maintenance costs, and fuel costs.
I’m proud to say we’re now the second largest primary geothermal power company in North America. Ormat is the market leader and has about 500 megawatts of producing geothermal power; Magma now has 190 megawatts of producing power from three plants.
Jeff: How big is 190 megawatts?
Ross: 190 megawatts of geothermal power produces about 1.4 million megawatt hours of electricity per year, enough energy to power about 180,000 homes, so it’s quite significant.
What distinguishes geothermal from wind and solar and hydropower is that geothermal power is produced day and night, seven days a week. It never sleeps. It’s called base-load power, and it’s not intermittent like wind and solar, which have the problems of not producing any power when it’s not sunny or windy.
On the other hand, geothermal power only works in certain parts of the earth’s crust – the Pacific Rim, certain places in Asia and Africa, the Caribbean, and Western North America – where the rocks are so hot that they heat water you can actually produce electricity from economically. Magma has built a global business already. We have a large number of properties in Chile and Peru; we have an extensive landholding in the Western U.S.; and we have a very large business in Iceland where we produce 9% of Iceland’s power.
Jeff: I hate to bring up the political issue in Iceland because it’s frankly growing tiresome, but it doesn’t seem to be going away. I know the objection is to foreign company ownership of their resources, but tell us where it stands now and what it’s going to take to resolve it.
Ross: Fair question. We acquired our 98.5% stake in the Icelandic geothermal power company, HS Orka, in several stages over the last year and a half. We’ve since had several government committees look at it and confirm we acquired it legally and properly, and there is nothing they can do to take it away from us. So we don’t see any great risk of nationalization or anything like that.
There is a small minority of Icelanders, led by celebrity Björk, who are opposed in principle to any foreign company owning any energy production of the country. We’re unfortunately the target of their opposition. We’ve simply been trying to complete our acquisition, which we have now done; operate the business successfully, which we are doing; and become a valued part of the Icelandic corporate world as a responsible company, which we are.
I think actions speak louder than words, so we’ve been keeping quiet, going about our business, and proving to the Icelanders that we are not a threat or a concern. Unfortunately, Björk and her allies are the exact opposite, and there’s not much we can do about it except to put our heads down and carry on.
We are, however, seeking to divest some of the company to other Icelandic investors. We’ve been working on this for several months. We’d still own the majority interest, but there would be an important minority stake held by Icelandic interests. This should significantly reduce the noise we get from these nationalists.
Jeff: Will it dilute the profit potential for Magma?
Ross: It will dilute it modestly, but the flip side is, we will bring significant cash into Magma that we can then use elsewhere. We never sought to acquire 100% of this business anyway.
The nice thing about HS Orka is that it has very large low-cost production and tremendous growth prospects. We should be able to more than double the production in Iceland over the next five years. And there is a tremendous team of Icelandic geothermal experts, some of whom we are already using elsewhere in our business. So it’s a perfect fit for Magma.
Jeff: What’s next?
Ross: In addition to our Icelandic assets, we have excellent growth prospects in Chile, Peru and the United States. And we expect to be very active in exploration in other countries as the year progresses.
Wealth creation in this business comes from two different areas. The first is through operating low-cost geothermal plants, which is a low-risk and essentially a permanently profitable business. And the second is through discovery of new resources. In just two years, Magma has gone from holding zero resources to about 1,350 megawatts of reserves and resources in the ground, which gives us an incredible growth platform for the next 5-10 years.
Jeff: So the Magma story is about both exploration potential and production profits?
Ross: Yes, both. I’m trying to build Magma the same way I built Pan American Silver, through a combination of exploration discovery, good acquisitions, and profitable operation. This covers all the areas where you can create wealth in the resource business.
There’s one big difference between geothermal and mining, though, and that is there’s no depletion in the geothermal business the way there is in mining. The cash flow from geothermal operations lasts over a very long period of time. You can debt finance geothermal plants much more easily than you can debt finance mines. Therefore, the business is all about the cost of capital, and as you get bigger, your cost of capital goes down.
Jeff: As an investor, I’d like to know what’s going to make the stock go up.
Ross: Well, this is not a business that benefits from commodity price movement like mining does. It’s not as sexy as the mining business right now, which is in a boom market, so you’re seeing a lot less volatility in the geothermal space than in mining or exploration.
By the same token, when there’s a bear market in mining, you’re going to see geothermal continuing to generate strong cash flow, like a utility. It’s a steady long-term business. And when we make new discoveries of geothermal reservoirs, our capital value goes up and investors should see good capital gains.
Jeff: What’s on the calendar for 2011?
Ross: Our game plan is to build a big operating company that’s going to generate a lot of cash and ultimately pay a big dividend.
In 2011, our focus will be on expanding Iceland, expanding our Nevada operation, getting more cash flow from both operations, as well as a big push on exploration. We are going to work hard on our properties in Nevada, Iceland, Peru and Chile. And we’ll potentially have some very exciting ground in one other country we’re hoping to get title to in a couple of months.
Jeff: Sounds exciting.
Ross: It’s bread-and-butter stuff. This is nothing we haven’t already done in the silver business. It just comes down to working hard, taking some risks, and reaping the benefits to the extent that those risks pan out.
Jeff: We’ll be watching. Let’s talk next month about your other companies, because I know you’re still involved with them.
Ross: I am, and I’m particularly excited about Pan American Silver. Talk to you then.
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August 30th, 2010 | EarthBound, Images, Merchandise
A long while back I posted about the rare and mostly-unknown official Slot Bros. board game/dice game/card game, but at the time no one at the site had ever owned a copy, so the details were very sketchy. Then, many months ago, the ever-awesome neonix won one and scanned it all at very good quality for the rest of us to see!
I sat on the update for a while because I wanted to translate the rules… but months have passed and I still don’t have the time or energy, so for now I’ll just post the scans, which you can get here.
If someone with the skills can translate the rules, that’d help out a lot. Or maybe fans can make up their own games with it, I think that sounds cooler to be honest 😛 Anyway, if you’re interested, check it out – it’s a rare piece of official merchandise!
| Slot Brothers Card Game! (20) Read More >>> | EarthBound Card Game in Class (42) Read More >>> |
| MOTHER Manga Translation Part 2 (9) Read More >>> | MOTHER Manga Scans (9) Read More >>> |
Wow, that looks really cool. I wonder how you play, because I’d totally try that if I knew how.
Somehow I get the urge to print this out, glue it to cardboard and have a PARTY!!! If it was translated… 😀
:O WHOA!!!
I’ve been looking for this for the longest time, but they never seem to show up on Yahoo! Japan when I look. I’ll get my hands on a copy one of these days, but in the meantime I’ll ogle over this.
I’ll see if I have time this weekend.
It didn’t look TOO bad. I thought you meant the image you’re currently showing. But when I downloaded the files, I got the gist of what you trying to say, lol.
Argh. I passed up a sealed deck of these cards on YAJ when I was just starting out my MOTHER collection. I want to kick myself now. In fact, I think I will…
I’m not wearing my glasses right now, but I think it says it’s for 2 to 5 players? How can you play with 5 people but only 4 dice? Oh well, if Itoi made it there must be a reason…
It’s actually for 3 to 6 players according to this old page – http://ejf.cside.ne.jp/review/slotbrothers.html
I think the dice are used all at once. One dice is larger than the other three and has a different arrangement (only one with sombreros on it).
The number of players happens to say 2-6 on the scan.
遊べる人数 basically means ”# of people that can play”.
When you think of slots, though, you assume the number 3. One of those two must be wrong. I’m leaning more towards the website, though. Call me crazy.
(Perhaps, even, it could work both ways！）
Yeah, I’d side with the official box. There’s a scan of the manual in the download if you wanna check in there. I’m too lazy~
Whoops, I actually meant to say the box, haha.
May as well take a look at the scans. Many thanks for taking the time to do this.
Quick question, though: Was the front of the box already semi-damaged when you received it? (I mean from the torn-off piece that I assume says “Produced by Shigesato Itoi”.)
Broken Pipe Earthbound
How do you know that? You don’t even know how it’s played.
^Someone had too bad bad spins in the Dusty Dunes Desert. 😛
Broken Slot Machine Earthbound Embroidery Designs
@Nattou – Yeah, I bought it with that tear already there. It’s too bad, especially right on the front, but oh well.
@Jungyin
I don’t know how it would play honostly,but it’s the by the way it looks like it would play that gives me that impression.It looks like it would play like a Uno and something else mixed in,I dont know i was just giving my oppinion on it.
I’ve been looking for this game for a long time, but I’ve ever found. Even if I had the money to import it, I most like wouldn’t be able to figure out how to play it…LOL
@chaobreeder20 – Uno is awesome! If this is as fun as Uno, I’d be pretty happy playing it.
I do like Uno,alot actually :),but when i see a game i never played or heard of for that matter,i have to kind of have a natural doubt,then again,saying negative right off the bat isnt smart either =/ so thats a screw up on my part actutally.But do you know how it plays,or have a vague idea at least?
I can’t read a lick of Japanese (yet), so nope, lol 😛
But just looking at the game and the images in the instructions, it seems you roll three dice and see if your results match up with the cards on the table/in your hand. Not sure how the cards are distributed, might be something like you draw three for the turn. It seems like a lot of luck, which is fitting for a game based of slot machines. I’ve read before, I think in Mato’s original post about it, that it can get pretty fast-paced.
I think it could be a lot of fun. Eventually, we’ll get the instructions translated, at least enough to make an online game made of it, I hope.
Kenisu should do it. Or maybe Tomato? Kenisu’s working on a light novel, all by himself, so maybe not, but Mato is one of the Funimation guys.