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BenchDr

09/14/10 3:00 PM

#71413 RE: BenchDr #71411

And – if I was a bettin’ man:

I’d predict future projects to form much the same way as this one, with LLEG providing an increasing share of debt financing over subsequent projects until LLEG is able to completely self-fund.
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Sam Dan

09/14/10 3:05 PM

#71416 RE: BenchDr #71411

Don't forget they have an application in for Federal Stimulus Money which LLEG will probably qualify for .Once permit received, agreement with electric utility confirmed and construction starts before NOV [or Dec}will qualify us.
CTTC you still looking for cheap shares? Better move fast.
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JTrox

09/14/10 3:09 PM

#71417 RE: BenchDr #71411

BINGO!!!

That's my impression of what will transpire as well. We'll see soon enough in the next PR.

All Aboard the PLAID Express... strap in tight because BigBucks is the Pilot!!

Cheers to ALL...
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CTTC

09/14/10 4:03 PM

#71422 RE: BenchDr #71411

Since you say we are still

1. Buying the plant
2. Paying for Homeland to design and run it

What did we sell that was worth anything?
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discreet_suffolk

09/14/10 4:15 PM

#71424 RE: BenchDr #71411

I do not think so. We sold 100% of the Berlin plant and own NO share in it now or in the future - JMO

With the money we will place it in one of the other projects.

Remember MASS placed a hold on new biomass development till the end of the year (DEC). Then they will rule if there is enough wood. just in time to get our money from Berlin :)