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I would suggest doing extra DD on wood supply opinions (does LLEG have enough) and the actual owners of the Berlin project. What percent does LLEG actually own?
To find these answers, tonight I am doing an ancient wood dance from the Pawnee Indians and early tomorrow morning I am going to attack and claim ownership to my neighbors hottub. (he never uses it)
Pay my bookie, throw a few private parties, take a few trips to vegas. I probably just waste the rest on something foolish.
September 23rd at the latest.
Some of us on this board are already millionares. But another million doesn't hurt.
The SEC has to make their decision by September 23rd.
Look at the size of the trades that brought it down .0003. No big deal.
I have no idea on opening date. If/when the permit gets approved, Laidlaw is scheduled to break ground this fall.
Lets keep our fingers crossed.
It all rests with Berlin for a huge pps increase. Laidlaw needs just one operating facility and the rest could fall into place.
Some one on here will post meeting results from today. I will try and do it once I find it.
I bought 2.6 million more last week when I thought so. I should have waited. No big deal as this is a long term hold.
Question for you Power. So even with under 2 million shares traded today and the pps rising, that will make the chart look better and stronger? To me, that doesn't look like enough volume to say we hit the bottom and are going back up.
We will soon find out for sure. Big events next week in Berlin with a public meeting and walk through.
Tough to hide alot with what is coming up for Laidlaw. I hope it goes well.
Only things that I see that has changed are added shares into the O/S and a seller with a nice size bankroll.
As for the company, other than lack of momentum with news, I think they are progressing and building a biomass portfolio. Now we need that porfolio to be one with operating biomass plants.
If they can do it in Berlin, they can do it anywhere.
I wonder if MBB is holding back on news until the seller is done?
I question the 1/3 ownership of the Berlin plant. Would be nice if MBB would confirm the actual ownership.
Ole Wing Nut posting at byte and chew has made some very good points. I pasted it here so us "evil" Ihub guys can have a look. Hope you don't mind WN. I think you are Brungy anyway.
BTW. Put in a buy order for 2,600,000 shares at .0016. Might add more later but this is money burried in the backyard that the wife doesn't know about.
(Wing Nut post) I don't plan to file as an intervener. By the way, a few observations;
- No other local citizens (around the plant) have filed for intervener status. This is very telling and one could assume it means that very few people living around the plant are opposed to it.
- No environmental groups have filed for intervener status. This is also very telling and one could assume it means that they don't believe the plant will hurt forest sustainability in Northern, NH.
-No other currently operating biomass plants have filed for intervener status. I can only assume this means that they don't believe the Laidlaw plant will hurt their operations.
These are not good signs Jon and it leads me to believe that the permit will ultimately be approved. This is particularly true when you consider the current state of the economy (quite poor) and the political consequences of the State stepping in to prevent the jobs that this project will bring to Berlin & the North Country. I don't want to burst your bubble, but this is a done deal as far as I can tell. I'm disappointed as well but it appears as though the stars are aligning for this dirty little pink sheet company.
Going to be buying tomorrow for the first time since I made my original buys last July.
Plan on adding 3 million.
Thats usually not me posting stuff like that last night. Had to many drinks, up to late, and the wife was yelling in my ear.
I haven't added any shares to my 22 million since last summer. Going to pick a few million more up tomorrow just to make her mad.
BOL
I hope that is all it is but I doubt it.
IMO, I think someone knows that Berlin will never happen or something else is going on. Who else would sell so many shares with so much potential on the horizon?
Something is up.
In my opinion, the recent concerns and topics of Laidlaw are a waste of time and not the things we should be focusing on.
I'm just glad potential investors don't have to sift through a bunch of posts this weekend that are not relevant to anything other than posters who like to type and read what they just wrote.
Cheers.
I believe 2013 is the projected up and running date for the Berlin factory.
Its in the 997 page permit application where that date is stated. Page 247 I think.
Looks like the Coos County guys found some more trees.
http://www.nhsec.nh.gov/2009-02/documents/100225coos_intervene_req.pdf
If anyone else wants to intervene with Laidlaw's Berlin project, you might have to team up with the City of Berlin and intervene with them. I don't think the SEC has time to read every concerned citiizens letter. (not going to name names)
I think the Mayor of Berlin is leading that charge although I can't remember if he is for or against Laidlaw. (insert picture of person scratching head and very confused)
We are getting closer to see how prepared Laidlaw is. My finger on the buy more shares button is getting closer.
Laidlaw accepts the City of Berlin's request to intervene and is against Wagner Forest Management's request to intervene.
I wonder if they will even address Jonathan Edwards request to intervene?
Thought they had good reasons too as well. Party on.
http://www.nhsec.nh.gov/2009-02/index.htm
Some of you are getting way ahead of yourselves talking about the very far future.
Maybe listen to Brungy a little more. There are still many questions left to answered on the Berlin project.
Damn, thought tomorrow we would have news for Mass projects. Not looking like it.
Maybe March.
Thanks. Read Woodburner's post on the Byte and Chew.
I got it from him. Wonder what he knows?
I borrowed this from another website. Listen carefully a few seconds after the 1 minute mark.
http://link.brightcove.com/services/player/bcpid6801356001?bctid=21676095001
Two new letters on the SEC website.
http://www.nhsec.nh.gov/2009-02/index.htm
Drax, thanks for the information.
In your experience with this type of operation, what kind of impact does the groups who want to intervene with a project have? Do they have the power to shut down a project or will politics and the need for biomass overrule, even when the facility is located in the middle of a town?
Thanks.
Don't think that some of you guys know that there are bigger concerns than a little bit of dilution. Yes, Laidlaw is moving forward, but they are soon going to be exposed more then they have ever been. It could be very good for us longs if they pass the tests.
The opposition to Laidlaw will soon have a chance to speak. How much power do they have? Do they have a valid point to intervene with the Berlin project? Will the SEC listen?
Is politics driving this project? Will they decide what happens and over power anyone that has an opinion?
Is the PPA with PSNH almost done? Does PSNH have the monopoly power to decide who they want to work with? Is Laidlaw in bed with them?
What about Brad Simpkins? What does he know? Does he only take Landvest's opinion on the wood study (doubt it) or does he have is own ways to get the proper wood study needed? I would have to say his wood study is the most important and I hope Laidlaw would know this and know that his results will be favorable.
Its no wonder we are trading at .0018 and there is a seller getting out with good profits. I hope he leaves some shares just in case this permit gets approved. I'm going to leave my shares and now I think I have more than him.
I like your style Trade Up. Wish I knew what you did. Good luck filling the rest. LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
Matt, I disagree with the others, this is good news. Homeland is only going to partner with companies that produce biomass facilities.
Since Laidlaw currently has zero biomass facilities producing power, they must think they have potential.
I like this JV even more.
There were as many doubters about the Saints as there is about Laidlaw pulling off the Berlin project.
I hope Laidlaw starts looking like the Saints did in the 2nd, 3rd, and 4th quarter.
Who Dat???
Sorry Matt, I meant pulling the trigger in buying more shares. I don't have a plan on selling.
The past couple of weeks in the market were very tuff on me and my retirement nest egg has taken a hit. My wife brought home two applications she wanted me to fill out. One was a graveyard shift at 7-11 and the other was to work the late night drive through shift at Taco Bell.
I can't figure out why she wants me out of the house late at night?
Filled my 20 million this last summer at a .0005 average. Haven't sold any or bought any since.
I always have a finger on the trigger, but at this point in time, I am happy with my percentage up and don't plan to add anymore until I see more.
I hope we see alot more.
Thanks Gmenfan. MBB has posted on here that it is a term sheet. If anyone is interested, it is in one of his old posts. As of then, this is what MBB said they had with PSNH.
A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a Term Sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement". It then guides, but is not necessarily binding, as the signatories negotiate, usually with legal counsel, the final terms of their agreement.
Term sheets are very similar to "letters of intent" (LOI) in that they are both preliminary, mostly non-binding documents meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. The difference between the two is slight and mostly a matter of style: an LOI is typically written in letter form and focuses on the parties intentions; a term sheet skips most of the formalities and lists deal terms in bullet-point or similar format. There is an implication that an LOI only refers to the final form. A term sheet may be a proposal, not an agreed-to document.
CTTC, I tried to find MBB's quote on this but I couldn't. He says Laidlaw has a term agreement.
Thanks HLH, looks like I have to spend a little more time rereading the permit application. I have read it twice but I am very forgetful.
I hope there is room for both biomass plants to connect. Clean Power had a good day today. Congrats to them and especially the citizens of Berlin. I hope they can pay their property taxes.
Looks to me like the next major obsticle for Laidlaw will be the study done by Landvest on the wood supply.
Opponents are saying there isn't enough wood (especially in a 30 mile radius) and Landvest and Laidlaw are saying there is plenty.
I don't know anything about it, so it would be nice for MBB to comment on it, or we just wait and see what the SEC says.
Brungy probably knows the best. I heard it was continued on because they ran out of time.