Replies to post #100948 on Laidlaw Energy Group, Inc.(fka LLEG)

[CivilStruct]

From my experience the owner of a project rarely writes checks for the construction. There is typically a draw made, even at the beginning of construction, to pay for all construction related activities. That is NOT equity. As written in the BDS article, there is $200M in the financing for the cost of construction. I doubt very seriously that the owner would pay half up front, ESPECIALLY for a $200M construction project.

So, no, I'm not giving up the dream for $70M, $20M, or whatever. I understand that LLEG would only get a percentage of that anyway, since there were other parties involved at the time of the equity sale.

Apparently, you don't want to give up your dream of $5m over 5yrs either.