Replies to post #21893 on Laidlaw Energy Group, Inc.(fka LLEG)

[Investool]

It certainly would have 100 mill. of book value if PSNH steps in and buys the completed Berlin facility for 200 mill. which allows Laidlaw to move on to their next project. I'm not saying this is a good possibility, but it would not surprise me. The Seabrook Nuclear power plant they own is nearing the end of it's useful life and they will be looking for capacity.

[cyclone101]

I wonder what type of pay back rate we have too....

JUST AN EXAMPLE HERE:

taking jimmenknee's posts

So to compare to a similar business model, I would suggest looking at Renegy Holdings (RNGY) ( http://ir.renegy.com/ ).

The way Renegy came to the public and the results (thus far) compared to Laidlaw are interesting to say the least. (FWIW they are expending ~$70 million to build a 24mw Biomass Plant and estimate ~$16 million in revs annually). That stock started in Oct 2007 @ $10 and is now down to under $5 and is planning to produce energy by mid-2008. Laidlaw for me, started at .0004 and is on the cusp of planning/constructing and preparing to produce energy in 2009...



NOW............ we will be aprox 2.75 times that size right

so 16M plus 16M plus aprox 10M is roughly again 42M (not sure yet if this includes rec's which I'm sure it does)

so say we can pull in 42M in revs a year off the NH project.... how much of that will be eatten by our JV partners, how much is eatten by the loan, etc...

just 42M alone is roughly .028-.03 right.... but that does not included the loan etc.....

does this make sence or am I nutz

[Howardhaftel]

Thats right but they already have an investment in Berlin and NY and we don't know what that is. The only way you can get a fair guess is to compare the same way as in real estate.
Find a local working plant or plants and either average them or use the closest one.