Been waiting to see if you made the connection there. For once I must agree with you on one point, if nobody else jumps into the project, with the Governors backing, I can see PSNH jumping in to salvage the project for itself. If this happens, the IPP's are dead as they will NEVER get a PPA or buyers for their product.
THE IPP's admit they will be BankR within a year or two without a PPA, so they are shooting themselves in the foot, AGAIN.
Either way, whether someone else jumps in, PSNH buys the project with legislative approval, or rights revert back to LLEG, sooner or later LLEG;
WILL RECIEVE ITS MONEY from BERLIN, one way or another from one source or another.
Anyone who thinks this project is going to just dry up and blow away after years of work and Millions of $$$ being spent on getting it to this point is fooling themselves. And the IPP's best realize that their chance of success with the Supreme is about 1%. Their argument is weak and irrelevent to the actual issue the court would decide. It doesn't give a rats ass about their situation they put themselves in, the issue will be "does the PUC have the authority to approve the deal. The answer we all know is a resounding yes.
I am content to continue to hold despite one person dumping a few cheap shares. More than likely it is someone that bought at .001 and just doubled rather than waiting to tripple their investment as opposed to someone actually selling that has been long.
We have heard too many times over the years that LLEG was dead, Berlin was dead and so on, haven't we Spence?
Not going to believe it now based on this hiccup. While I am sure the investors wanted language in the contract to protect themselves, surely too Mike insisted on language to also protect LLEG's interests. That is what I am waiting to hear about. Mike is no dummy so I will wait, hold and accumulate whenever possible.
Hope everyone had a nice holiday !
MIKE HAS MY TRUST, BECAUSE HE HAS EARNED IT ! ! !
I WILL CONTINUE TO HOLD STRONG. NOT LETTING GO OF MY SHARES IN A PANIC ! ! ! !
PATIENCE IS STILL KEY WHILE WE AWAIT MORE INFORMATION FROM MIKE / LLEG ! ! !
PANIC IS THE ENEMY ! ! ! !
EVER FORWARD, EVER UPWARD ! ! ! !
LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!
AS ALWAYS,
GO LONG ! ! ! ! ! ! ! ! !
KEEP THE FAITH ! ! ! ! ! ! ! ! ! ! !
ENHANCE YOUR CALM ! ! ! ! ! ! ! ! ! ! !
STAY THE COURSE ! ! ! ! ! ! ! ! ! ! ! !
GO LLEG ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
