InvestorsHub Logo
icon url

cala9

03/03/19 12:01 PM

#168405 RE: BBboy #168404

CONCUR. My main point is if as has been shown in photos this work has been done the utility (LDC) has done their own DD to ensure the contract that they entered into with a large customer like LQMT will pay the required income to support the utility's expected ROE. Otherwise the regulator could deny those costs in the LDC's rates and hit the LDC's shareholder. So in my mind we now have some form of good vetting by the LDC of LQMT's bonifides.