InvestorsHub Logo
Followers 12
Posts 917
Boards Moderated 0
Alias Born 08/01/2006

Re: None

Thursday, 07/03/2008 6:58:00 PM

Thursday, July 03, 2008 6:58:00 PM

Post# of 8034
Email correspondence with the company.

Here is what I wrote:

First of all, I'd like to congratulate the Welwind Team for all of your recent success. It appears you have laid the framework for a great future for the company as a significant world-wide player in the wind farm business!



I listened to the most recent conference call with great interest, and am eagerly anticipating the completion of the Zhanjiang PPA as I'm sure you are as well.



I was wondering how long you estimate it will be before you begin placing turbines on the Zhanjiang site once the PPA is approved? Also, will you be having a ceremony with local officials to celebrate the completion of the PPA?

Here is what I got:

Lie should have an update on Monday which will be the 10 business days he spoke of on the call.



First quarter 09 we will receive 22 turbines based on the contract with YATU, though it could happen sooner than that.



We most definitely will be having a ceremony to celebrate the PPA completion. I will keep you posted if you are interested.

Here's hoping for good news on Monday!

John

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.