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Re: None

Friday, 08/20/2010 4:02:36 PM

Friday, August 20, 2010 4:02:36 PM

Post# of 103308
My hunch is that any decision MBB has made regarding Berlin comes down to simple criteria.

Is the Berlin project the best use of the company's capital? Can by making a sale and re deploying the cash released, the company and its shareholders achieve a higher return, with revenue and profits starting sooner?

If the answer to that is "yes" then I can see why MBB would make a disposal.

Trying to fund renewable energy projects ( or for that matter most projects) right now via external equity is VERY expensive. Investors just don't want risk. If by selling Berlin LLEG can undertake another short term revenue project without resorting to outside equity I can see the logic of the transaction.

Sage.
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