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Red2Profit

02/10/11 4:10 PM

#86240 RE: discreet_suffolk #86239

That's what I'm saying :)

golferman

02/10/11 4:16 PM

#86241 RE: discreet_suffolk #86239

CivilStruct

02/10/11 5:10 PM

#86243 RE: discreet_suffolk #86239

I still struggle with, given the supposed price protection with the buyout option at the end of the 20 years, how this $3.50 will even hit the average user's bill. I understood it to be that Laidlaw was getting a good deal on the PPA and that, if at the end of 20 years PSNH could legally, financially, and emotionally decide to buy the plant, that this "sweetheart" deal would be returned to them thru a discounted price on the purchase. I don't remember seeing (other than from Spencer & the Consumer "Advocate") that the price for electricity would ever increase. In fact, that was the stated point of the price protection, was it not?

I thought PSHN had a risk of potentially losing its investment toward the purchase of Laidlaw if it would not/could not buy.

If I'm wrong, I'd still pay $3.50/month if I had that price guarantee for 20 years.

stockwrestler2

02/10/11 6:08 PM

#86244 RE: discreet_suffolk #86239

"Lets get this PPA approved so these newbies don't panic sell and watch their stock go up after they panic sell"

boy these talks are dragging on and on.

my concern is supply of wood-chips. are there saw mills in the area? can they be transported to the site by rail-car?
trucks are NOT environmentally friendly and EXPENSIVE to operate.

HLH

02/10/11 6:16 PM

#86246 RE: discreet_suffolk #86239

Agreed...

chloebware

02/10/11 7:16 PM

#86255 RE: discreet_suffolk #86239

No I dont I dont believe that for a second. I think company is built on a house of cards (never filed a 10 k) and their run of shamming is over! Good run but its over!