From reading the answers provided by Laidlaw in response to the inquiries from the attorney generals office, it is evident that:
1. Laidlaw owns absolutely no part of the Berlin power plant, so all previous claims of company value were unfounded.
2. Laidlaw has not done any economic analysis of the cost of fuel supply.
3. Laidlaw has never had any meaningful discussions with anyone regarding financing the project, despite previous claims to the contrary.
4. Upon completion of construction, Laidlaw will get a lease to operate the plant. (Just like Waldron had an agreement to do the phase 3 work upon completion of 1 & 2)
5. Laidlaws estimate of start of operation (revenue) is either fall of 2012 or the spring of 2013, depending on which answer you read
6. Laidlaw has never done any financial modeling of the economic viability of the plant, but intend to do so soon.
I'm just not sure if this is where I want to invest. Others thoughts?
