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The statute mandates 25x2025. I don't think the purpose of the mandate is to reach that goal and call it quits.
"OK guys, its 2025 and we have reached 25% power from renewable sources. Good game. Shut 'em down."
What kind of logic is that?
PPA approval expected early 2011. I'm guessing construction will begin soon after.
Not at these prices!
That can actually get pretty exciting.
Cash for credits
I found this article posted about a different biomass-to-energy plant. The program is also available to Laidlaw's proposed Berlin, NH plant and the government incentives are expected to subsidize part of their construction financing costs.
http://www.bizjournals.com/charlotte/blog/power_city/2010/12/tax-legislation-may-benefit-reventure.html
"A provision in the tax bill extending the Bush era tax cuts contains a provision that would also extend a tax-credit program for renewable energy projects."
"The program, scheduled to end Dec. 31, pays cash in lieu of tax credits for renewable projects. Since renewable startups such as the ReVenture project seldom have sufficient profits to take advantage of the tax credits, the credits themselves are unhelpful to the projects.
But the cash payments can make an immediate impact on the feasibility of the project.
The 20-megawatt biomass plant that Forsite plans to build in the park could qualify for as much as $40 million in tax credits under the program."
LLEG: Cash for credits
I found this article posted about a different biomass-to-energy plant. The program is also available to Laidlaw's proposed Berlin, NH plant and the government incentives are expected to subsidize part of their construction financing costs.
http://www.bizjournals.com/charlotte/blog/power_city/2010/12/tax-legislation-may-benefit-reventure.html
"A provision in the tax bill extending the Bush era tax cuts contains a provision that would also extend a tax-credit program for renewable energy projects."
"The program, scheduled to end Dec. 31, pays cash in lieu of tax credits for renewable projects. Since renewable startups such as the ReVenture project seldom have sufficient profits to take advantage of the tax credits, the credits themselves are unhelpful to the projects.
But the cash payments can make an immediate impact on the feasibility of the project.
The 20-megawatt biomass plant that Forsite plans to build in the park could qualify for as much as $40 million in tax credits under the program."
"Ne Delal Predlogenie" = Did Not Make an Offer.
I have no idea why the google translation is saying differently, but this is how that sentence is translated. "Ne" is a Russian negating term. Just like "no" or "not" in English.
I first posted this article awhile back with a native Russian speaker translating for me. The article states that the "American Company claims". This article is just repeating what Supatcha put on in its press release about the 2nd bid, not confirming any of it.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57770586
Good luck... you may not be able to trade this one if the SEC decides to halt trading.
http://finance.obozrevatel.com/business-and-finance/rossijskie-biznesmenyi-boryutsya-za-ukrainskoe-zoloto.htm
"In Regards to Rustamov Group, American company reports that it is an investing firm in Moscow, which is supported by several well-known and rich Russian families."
"Ne Delal Predlogenie" = Did Not Make an Offer.
This article was written in Russian and translation directly by a native Russian speaker.
"Prokhorov Did Not Make Any Offers To Buy Supatcha"
http://www.interfax.com.ua/rus/eco/55965/
"Earlier, the company Supatcha, which headquarters in Denver, USA, has stated that they [ONEXIM] offered to purchase 100% of their stock and later by Rustamov."
"The press release by this company stated that Prokhorov had initiated to buy their stock. This is not true."
Straight from a Ukrainian news site.
MM's provide liquidity, allowing investors to buy and sell.
Good luck with that.
Can i say it?
Stick a fork in her, she's done.
Looking good!
It's still hear-say until an objective link is provided. Not that I don't believe you but need to remain evenhanded.
That's great news for LLEG and the clean energy industry!
Quiet bfontana because we are still in "ninja" mode as another poster described.
The term 'verifiable' is still unsatisfied there. Also, there must have been a petition from the IPP's to declare this. When is the PUC planning on ruling with respect to this petition?
Thanks spencer, are you able to provide verifiable information re: this?
That's a valid point. I haven't seen any confirmation of this news anywhere else.
You mean 'Mucho Gracias'?
www.bullion.ru
On the ihub forum.
M.Prohorov oprovyergayet prichastnost' k Supatcha Resources 14.12.2010 15:13 MOSKVA, 14 dyekabrya. /PRAYM-TASS/. Pryezidyent Grooppi "ONEKSIM" Mihail Prohorov katyegorichyeski oprovyergayet prichastnost' k kompanii Supatcha Resources Inc, vladyeyooshshyey myestorozhdyeniyami zolota na Ookrainye.. Pryess-ryeliz kompanii Supatcha Resources Inc, ootvyerzhdayooshshiy, chto M.Prohorov vistoopil s initsiativoy vikoopit' yeye pakyet aktsiy - nye sootvyetstvooyet dyeystvityel'nosti, otmyechayetsya v zayavlyenii M.Prohorova. Ranyeye amyerikanskaya kompaniya soobshshila o tom, chto OXM Group, kontrolirooyemaya M.Prohorovim, namyeryena priobryesti 100 prots yeye aktsiy. Obshshaya soomma sdyelki sostavlyayet 106,8 mln doll, tak kak OXM Group pryedlozhila vikoopit' vsye aktsii Supatcha po 1,75 doll za sht. Kolichyestvo vipooshshyennih aktsiy Supatcha Resources Inc sostavlyayet 61 mln sht. Kak ranyeye soobshshal PRAYM-TASS, v syentyabrye 2010 g Supatcha Resources obyavila o pokoopkye 98 prots ookrainskogo zolotogo priiska Mayskoye v Savranskom rayonye Odyesskoy oblasti na Ookrainye. Kompaniya namyeryena v 2011 g invyestirovat' v Mayskoye 2,8 mln doll. V apryelye 2010 g Supatcha soobshshila o pokoopkye 90 prots Poltavas Capital Management Ltd /Britanskiye Virginskiye o-va/, kotoraya imyeyet razryeshyeniya Minprirodi na rabotoo na Barlyevskom i Vinogradovskom myestorozhdyeniyah zolota. Supatcha Resources Inc zaryegistrirovana v Dyenvyerye /SShA/, zanimayetsya razvyedkoy zolota, pokoopayet i razvivayet aktivi na Ookrainye. Kroopnyeyshimi aktsionyerami Supatcha yavlyayoo tsya Massey Asset Management Ltd /20,5 prots/, Anthera West Capital Inc /4,5 prots/ i myenyejyemyent kompanii /8,2 prots/.
I don't see it either.
Mikhail Prokhorov categorically denied involvement in the company Supatcha Resources Inc
That's not good.
I'm with you PF. This thing is a great flip, but NOT an investment, IMO.
No doubt about that. We know of 2 that are very possible in MA. There may be more.
Not necessarily. Read MBB's latest posts!
Nice play!
Anyone buy in at .11? Take the double!
Biomass for a clean energy future - Conference took place in Australia
http://www.insidewaste.com.au/StoryView.asp?StoryID=1587785
"The clear message of the conference was that biomass (including residual waste) has the potential to play a significant role in clean renewable energy generation while optimising resource utilisation, fuel security and reducing greenhouse gas emissions."
A good article in general.
20/20 foresight. Amazing.
LLEG looking great, even after that abnormal trading late yesterday.
Great minds think alike ;)
Geomininternational.com was created in 2006.
http://www.whois.net/whois/geomininternational.com