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Re: kippykai post# 23919

Sunday, 01/28/2007 5:34:00 PM

Sunday, January 28, 2007 5:34:00 PM

Post# of 63795
It also states biofuel sales for the income statement as 0(right below ash sales). Power sales and green certs. on the income statement should be the ash and liquid fuel sold for electricity. Also, look at the assumptions after the income statement Ash-- .165 lb. which includes green certs. and power generation.

Back on page 11 WSR states: "Based on guidance from management, in our financial model we assume that all of the ash produced will be consumed to produce electricity."

Maybe I'm missing something....