Replies to post #35940 on Laidlaw Energy Group, Inc.(fka LLEG)

[sageofflorida]

There will big news soon that will surprise everyone and put LLEG on the map big time.

Don't get distracted guys by the "noise"- we are almost there.

No need for "LOL's" or sarcasm.....this is the real deal. Sit tight imho.

S.

[veritas-twj]

Interesting highlights from the Clean Power biomass study indicate that a significantly greater amount of biomass fuel will actually be available for the Laidlaw Berlin project than the report indicates in its conclusions...

In other words there will likely be sufficient supply for the Laidlaw Berlin facility as well... I am not concerned about this issue and I believe the approval decision makers in Concord will take these factors into account and approve the Laidlaw Berlin facility...

Tom

Patience

KEY EXCERPTS (AND FLAWED ASSUMPTIONS) FROM THE CP BIOMASS FUEL AVAILABILITY STUDY:

1) "In the 30 miles surrounding Berlin, NH, roughly 36 percent of the timberland is publicly owned, including 28 percent that is part of the White Mountain National Forest. For purposes of this analysis, INRS has assumed that no volume of biomass fuel will come from public lands. This is conservative, and it is possible that a biomass plant in Berlin, NH would receive fuel from proximate public land."

In other words, the study excluded a huge 36% of the available timberlands surrounding Berlin as a source of biomass fuel... A deeply flawed assumption...

2) "In a 30 mile radius surrounding Berlin, NH, net growth slightly exceeds annual removals on private timberland. Using historic data, from a period when two pulp mills were active in the region, total net biomass growth from private timberland in this region is estimated at 132,000 green tons annually."

In other words, the available local supply of biomass fuel is anticipated to increase 132,000 tons -- each year -- into the future... An abundant source of new supply which is not included in the study... A second deeply flawed assumption...

3) "These contractors should not in any way be considered the only volume of wood fuel available to a project in Berlin. NCP has been responsible for the start up procurement of four existing wood fired power plants. NCP’s experience has found that once a facility has broken ground, additional interest is generated by either logging contractors or individuals with prior harvesting experience."

In other words, once a new facility is built and operating historical experience has shown that new suppliers enter the market and increase the available biomass fuel supply... The study does not take this factual experience into account... A third deeply flawed assumption...

4) "INRS recognizes that the likely procurement radius for a biomass plant in Coos County, NH likely includes parts of Maine, and likely excludes parts of Coos County... For purposes of this report, INRS assumed that wood delivered to Clean Power Development’s Berlin, NH biomass facility comes from land proximate to the facility (roughly one hour drive time). At this time, a number of biomass plants get wood from further away than this. However, ... we have assumed that fuel is procured exclusively from local sources. This is a conservative assumption."

In other words, the report excludes Maine and southern New Hampshire as sources of biomass fuel supply... A fourth deeply flawed assumption...

CONCLUSION: THE STUDY EXCLUDES NUMEROUS AND SIGNIFICANT ADDITIONAL SOURCES OF BIOMASS FUEL SUPPLY WHICH WILL BE AVAILABLE TO THE LAIDLAW BERLIN PROJECT... THE AUTHORS OF THE STUDY ADMIT TO THESE SHORTCOMINGS IN THEIR OWN STUDY...


http://www.cleanpowerdevelopment.us/documents/biomassFuelAvailabilityLarge.pdf







ALWAYS CONDUCT YOUR OWN DUE DILIGENCE -- YOU ALONE ARE RESPONSIBLE FOR YOUR INVESTMENT DECISIONS -- HOPE IS NOT AN INVESTMENT STRATEGY -- PATIENCE !!!