Nevada Geothermal Power Inc.
TSX VENTURE : NGP
PINK SHEETS : NGLPF

Nevada Geothermal Power Inc.

March 20, 2008 09:56 ET

CCM Liquidity Report: Nevada Geothermal Power, Inc. (TSX VENTURE:NGP)(PINK SHEETS:NGLPF)

TORONTO, ONTARIO--(Marketwire - March 20, 2008) - Nevada Geothermal Power, Inc. (TSX VENTURE:NGP)(PINK SHEETS:NGLPF) -



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CRITERIA 17-Mar-08
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MKT CAP (millions) $ 84.9
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50 DAY AVG. VOLUME 201,900
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50 DAY AVG. VALUE $ 222,090.00
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50 DAY AVG. DAILY TRADES 40
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50 DAY AVG. DAILY TRADE VALUE $ 5,727.00
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% OF FLOAT TRADED 0.26%
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In the most recent Technical Research Report, dated March 3, 2008, the analyst stated:

"The weekly cycle will shift to neutral on a weekly close above the 5- week modified moving average at 1.088. The 200- week moving average provides support at 0.807 with the 50- week moving average at 1.157 as resistance."

"Weekly support is shown at 0.877 with monthly / semiannual resistances at 1.277 / 1.398. Look for weakness to hold the key quarterly pivot at 0.990."

In the most recent Fundamental Equity Report, dated February 8, 2008, the analyst stated:

"Geothermal electricity producers like NGP will be the major beneficiaries of the strong U.S. electricity prices; simply because they do not bear the high cost of fossil fuels while they enjoy the buoyant electricity prices determined by market forces. For this reason we think, once getting into the production stage, NGP's income statement will be showing a growing gross and net margin and thus growing profitability in the future."

"NGP has US$100 million loan facility to fund construction of the Faulkner 1 power plant which is expected to come online at the end of 2009. And, it has already signed a 20-year Power Purchase Agreement with Nevada Power Company to provide 31.25 MW (net) of base load electricity through Faulkner 1 power plant at 6-7 cents per kilowatt hour plus PTC (Production Tax Credit) if extended."

This Liquidity Report can be found at: http://www.baystreet.ca/articles/research_reports/ccm_research/NGP_Liquidity%20Report_March192008.pdf

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Consulting division, entered into a one year $42,500.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies; such as share illiquidity and stagnant market capitalization.

Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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