Maybe I should have explained why I posted the two NR's below.
BTW, anything below other than quoted from NR's is "my opinion".
1) There seemed to be a never ending debate whether Alcar was acquiring an existing building\plant or building a new one.
The NR below makes it clear that they acquired an exiting building. It quite plausible to assume that this building is located on an existing companies land in the park (maybe Société PCI Chimie?). That would explain why the park management has no knowledge of Alcar moving to their park.
2) In the 2nd NR below, they stated "decision to separate administration and operations is mainly based on economy".
If so, then obtaining a new building for the reactors wouldn't cause them to move their administrative office.
Plus, unless or until, they could sub-lease now is not the time to be wasting money.
The only reason I could see them moving their administrative office, is if they scraped the plan to build the first reactor in Canada (to build in SEA), and thus moved all operations to SEA.
MBL
----------------------------------------------------------
Posted by: slimpickens
In reply to: MrBigLoser who wrote msg# 21057 Date:5/6/2007 7:56:28 PM
Post #of 21077
Mr.bigloser, That PR was put out before AC and Siam found each other. Everything changed when they came aboard.
----------------------------------------------------
Posted by: MrBigLoser
In reply to: MrBigLoser who wrote msg# 20613 Date:5/6/2007 7:31:57 PM
Post #of 21076
November 9, 2006 NR:
The procedures for the acquisition of our facility are proceeding slower than foreseen but the delays will not affect the overall schedule as we will be moving into an existing and well-suited building. The facility is in the Parc Industriel et Portuaire de Bécancour, near Three Rivers, in Quebec, Canada. The facility is comprised of an existing 25,000 sqft building situated on a 370,000 sqft lot and its convenient location by the port offers access to shipping, rail and highway as well as an adequate pool of qualified labour.
-------------------------------------------------------------
August, 2006 NR - they signed a long term office lease last August and are already moving out???:
Facilities & Operations -- we concluded a long-term lease and will be moving into our new administration offices on the coming Monday. With savings on initial office set-up as well as significant long term cost savings, the decision to separate administration and operations is mainly based on economy.
The decision to separate operations and administration resulted in almost half a million dollars in up-front cost savings.
MBL
News 
Market Data 
Discover 
