<TABLE class=innerDataContentTable cellSpacing=0 cellPadding=0 border=0><TBODY><TR><TD colSpan=100><TABLE class=innerDataContent style="BORDER-TOP: #ffffff 1px solid; WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0 xmlns:msxml="urn:schemas-microsoft-com:xslt"><TBODY><TR class=innerDataContentHeaderLarge><TD class="align_left noBorder" style="VERTICAL-ALIGN: middle; WIDTH: 539px; HEIGHT: 40px">Laidlaw Energy Group Inc (LLEG: OTC) </TD><TD class=noBorder style="PADDING-RIGHT: 13px; VERTICAL-ALIGN: middle; TEXT-ALIGN: right">
Last Trade:<SCRIPT type=""> displayDateTime(' 03/17/2008 15:59:22 EDT',9,'',''); </SCRIPT> 03/17/2008 3:59 PM
</TD></TR></TBODY></TABLE><TABLE class=innerDataContent style="BORDER-TOP: #ffffff 1px solid; WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0 xmlns:msxml="urn:schemas-microsoft-com:xslt"><TBODY><TR><TD>Last Sale
$0.0042
</TD><TD style="PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; WIDTH: 390px; PADDING-TOP: 0px" rowSpan=7><SCRIPT> displayChart('LLEG'); </SCRIPT></TD></TR><TR><TD>Change
$0.0007
</TD></TR><TR><TD>Bid Tick
</TD></TR><TR><TD>Change (%)
20.00%
</TD></TR><TR><TD>Bid
$0.004
</TD></TR><TR><TD>Ask
$0.0042
</TD></TR><TR><TD>Volume
34,129,715
</TD></TR><TR><TD class=spacer colSpan=2></TD></TR><TR><TD>Open
$0.0036
</TD><TD>Day High
$0.0044
</TD></TR><TR><TD>Previous Close $0.0035</TD><TD>Day Low
$0.0036
</TD></TR><TR><TD class=spacer colSpan=2></TD></TR><TR><TD>52 Week High
$0.005
</TD><TD></TD></TR><TR><TD>52 Week Low
$0.0002
</TD><TD>
</TD></TR>
</TBODY></TABLE></TD></TR>
Nice GREEN CLOSE for St. Paddy's Day!!!
</TBODY></TABLE>
Last Trade:<SCRIPT type=""> displayDateTime(' 03/17/2008 15:59:22 EDT',9,'',''); </SCRIPT> 03/17/2008 3:59 PM
</TD></TR></TBODY></TABLE><TABLE class=innerDataContent style="BORDER-TOP: #ffffff 1px solid; WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0 xmlns:msxml="urn:schemas-microsoft-com:xslt"><TBODY><TR><TD>Last Sale
$0.0042
</TD><TD style="PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; WIDTH: 390px; PADDING-TOP: 0px" rowSpan=7><SCRIPT> displayChart('LLEG'); </SCRIPT></TD></TR><TR><TD>Change
$0.0007
</TD></TR><TR><TD>Bid Tick
</TD></TR><TR><TD>Change (%)
20.00%
</TD></TR><TR><TD>Bid
$0.004
</TD></TR><TR><TD>Ask
$0.0042
</TD></TR><TR><TD>Volume
34,129,715
</TD></TR><TR><TD class=spacer colSpan=2></TD></TR><TR><TD>Open
$0.0036
</TD><TD>Day High
$0.0044
</TD></TR><TR><TD>Previous Close $0.0035</TD><TD>Day Low
$0.0036
</TD></TR><TR><TD class=spacer colSpan=2></TD></TR><TR><TD>52 Week High
$0.005
</TD><TD></TD></TR><TR><TD>52 Week Low
$0.0002
</TD><TD>
</TD></TR>
Nice GREEN CLOSE for St. Paddy's Day!!!
</TBODY></TABLE>
It's been a little slow in LLEG land the last few days, just churning. We have tested support (.0026) a few times, but haven't dipped below it. It looks to be the bottom. Those of you who bought in will be glad you did very soon, IMO. I believe things are just around the bend, so hold on those of you that may be a little impatient. We closed green today @ .003, another positive note. Be back soon...
BigDon - I really believe in this company and like their plans. I think and have seen others valuations and insight on the company...when and if the NH financing deal gets finalized and pr'd, we could see anywhere from .01-.05 IMO. Late in the year 3rd-4th quarter, we could get the uplisting the OTCBB and that would have it rise more, possibly with a reverse split (10-1 or 15-1). That would probably put it in the $1 -1.50 range and bring in a whole slew of new investors that don't even deal in stocks under the $1 range. The company's predictions for the NH site is to go online and start producing revenue in late '09. The sky is limit, but for the near term (now til summer) with the financing getting inked and pr'd we could see pennies.
News Out!
Laidlaw Reaches Agreement for the Financing of its Berlin, NH Biomass-Energy Project
Tuesday April 1, 7:00 am ET
NEW YORK--(BUSINESS WIRE)--Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), through its affiliate, Laidlaw Berlin BioPower, LLC, announced today that it has entered into an agreement with HH Capital Advisors, LLC for the financing required for its Berlin, New Hampshire biomass-energy project. Such agreement is structured as a sale-leaseback transaction, in this regard Laidlaw Berlin BioPower, LLC will be selling the project to a newly formed entity affiliated with HH Capital Advisors, LLC and leasing the project back pursuant to a long term net lease.
ADVERTISEMENT
The transaction is structured such that there will be two separate closings. The first closing will occur after and if a variety of conditions precedent have occurred, including, without limitation, that Laidlaw Berlin BioPower, LLC has the land on which the project will be constructed under its exclusive control and that HH Capital Advisors, LLC has approved: (i) the lease under which Laidlaw Berlin BioPower, LLC will be leasing the project back from HH Capital Advisors, LLC, (ii) the environmental condition of the property, (iii) the title to the property, (iv) a development budget, (v) a development agreement, and (vi) a letter of intent covering all the major provisions of the proposed power purchase agreement for 100% of the power to be produced by the project. At the first closing $8 million will be funded to be used for the acquisition of the land and working capital in connection with the continued development efforts regarding the project. Laidlaw believes that it has met or can readily meet the foregoing conditions.
The second closing will occur after and if a variety of additional conditions precedent have occurred, including, without limitation, that Laidlaw Berlin BioPower, LLC has obtained in final form and HH Capital Advisors, LLC has received and approved: (i) all of the agreements relating to the project, including, without limitation, the power purchase agreement for 100% of the power to be produced by the project and the contract for the construction of the project, (ii) all permits with respect to the construction and operation of the project, (iii) all reports, studies and financial projections supporting the feasibility of the project. At the second closing sufficient monies will be funded to cover the balance of the estimated total costs for the development, construction and financing of the project.
Commenting on the Agreement with HH Capital Advisors, LLC, Laidlaw Berlin BioPower, LLC President and CEO Michael Bartoszek stated “We are truly excited about entering into this arrangement with HH Capital Advisors, LLC. This Agreement comes after a long courtship between Laidlaw Berlin BioPower, LLC and HH Capital Advisors, LLC and an extended period of deliberation on our part as to what represents the best opportunity for the financing of the project. While we received numerous offers and overtures to finance this project from major institutional investors, including Morgan Stanley, Macquarie Bank and Greystone & Co., we concluded that the structure offered by HH Capital Advisors, LLC presents the best opportunity for us. In addition, they have substantial experience in financing major capital projects, including energy facilities.”
Laidlaw is in the process of finalizing the definitive asset purchase agreement with North American Dismantling Corp, the current owner of the Berlin site, and expects to announce the execution of this document within the next several days.
About the Berlin, NH Biomass-Energy Project:
The Berlin project involves the conversion of the former Fraser Paper pulp mill site into a highly advanced biomass-to-energy project that is expected to export approximately 60 megawatts of renewable energy to the New England power grid and utilize over 700,000 tons of clean wood biomass chips per annum. The project involves a capital investment of approximately $100 million and is expected to employ 40 directly and create over 500 indirect jobs. Once completed, the plant is expected to be among the largest and most environmentally advanced biomass-energy plants in North America.
About HH Capital Advisors, LLC
HH Capital Advisors, LLC is a financial advisory boutique firm that transacts in one-off transactions in various asset classes largely through capital market execution. HH Capital Advisors, LLC is comprised of a management team with unique experience and expertise in the execution of structured finance transactions, focusing on project finance, renewable energy, multimedia entertainment and real-estate ventures. The Company's unique understanding of and expertise in structured finance enables it to transact in any asset class.
About Laidlaw Energy Group
Laidlaw Energy is engaged in the development of independent power plants that generate electricity from renewable resources, with a particular emphasis on biomass power. Laidlaw Energy's mission is to build and manage a profitable portfolio of biomass facilities through the development of new facilities and acquisition of existing facilities, and in so doing become the leading supplier of biomass power in the United States. Laidlaw Energy is headquartered in New York, New York. For more information, please visit our website at www.LaidlawEnergy.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and Laidlaw cannot provide assurance that such statements will prove to be correct. Laidlaw undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact:
E&E Communications
Paul Knopick, 949-707-5365
pknopick*eandecommunications.com
or
Laidlaw Energy Group, Inc.
Edward D. Meyers, 212-480-9882
info*laidlawenergy.com
Source: Laidlaw Energy Group, Inc.
Laidlaw Reaches Agreement for the Financing of its Berlin, NH Biomass-Energy Project
Tuesday April 1, 7:00 am ET
NEW YORK--(BUSINESS WIRE)--Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), through its affiliate, Laidlaw Berlin BioPower, LLC, announced today that it has entered into an agreement with HH Capital Advisors, LLC for the financing required for its Berlin, New Hampshire biomass-energy project. Such agreement is structured as a sale-leaseback transaction, in this regard Laidlaw Berlin BioPower, LLC will be selling the project to a newly formed entity affiliated with HH Capital Advisors, LLC and leasing the project back pursuant to a long term net lease.
ADVERTISEMENT
The transaction is structured such that there will be two separate closings. The first closing will occur after and if a variety of conditions precedent have occurred, including, without limitation, that Laidlaw Berlin BioPower, LLC has the land on which the project will be constructed under its exclusive control and that HH Capital Advisors, LLC has approved: (i) the lease under which Laidlaw Berlin BioPower, LLC will be leasing the project back from HH Capital Advisors, LLC, (ii) the environmental condition of the property, (iii) the title to the property, (iv) a development budget, (v) a development agreement, and (vi) a letter of intent covering all the major provisions of the proposed power purchase agreement for 100% of the power to be produced by the project. At the first closing $8 million will be funded to be used for the acquisition of the land and working capital in connection with the continued development efforts regarding the project. Laidlaw believes that it has met or can readily meet the foregoing conditions.
The second closing will occur after and if a variety of additional conditions precedent have occurred, including, without limitation, that Laidlaw Berlin BioPower, LLC has obtained in final form and HH Capital Advisors, LLC has received and approved: (i) all of the agreements relating to the project, including, without limitation, the power purchase agreement for 100% of the power to be produced by the project and the contract for the construction of the project, (ii) all permits with respect to the construction and operation of the project, (iii) all reports, studies and financial projections supporting the feasibility of the project. At the second closing sufficient monies will be funded to cover the balance of the estimated total costs for the development, construction and financing of the project.
Commenting on the Agreement with HH Capital Advisors, LLC, Laidlaw Berlin BioPower, LLC President and CEO Michael Bartoszek stated “We are truly excited about entering into this arrangement with HH Capital Advisors, LLC. This Agreement comes after a long courtship between Laidlaw Berlin BioPower, LLC and HH Capital Advisors, LLC and an extended period of deliberation on our part as to what represents the best opportunity for the financing of the project. While we received numerous offers and overtures to finance this project from major institutional investors, including Morgan Stanley, Macquarie Bank and Greystone & Co., we concluded that the structure offered by HH Capital Advisors, LLC presents the best opportunity for us. In addition, they have substantial experience in financing major capital projects, including energy facilities.”
Laidlaw is in the process of finalizing the definitive asset purchase agreement with North American Dismantling Corp, the current owner of the Berlin site, and expects to announce the execution of this document within the next several days.
About the Berlin, NH Biomass-Energy Project:
The Berlin project involves the conversion of the former Fraser Paper pulp mill site into a highly advanced biomass-to-energy project that is expected to export approximately 60 megawatts of renewable energy to the New England power grid and utilize over 700,000 tons of clean wood biomass chips per annum. The project involves a capital investment of approximately $100 million and is expected to employ 40 directly and create over 500 indirect jobs. Once completed, the plant is expected to be among the largest and most environmentally advanced biomass-energy plants in North America.
About HH Capital Advisors, LLC
HH Capital Advisors, LLC is a financial advisory boutique firm that transacts in one-off transactions in various asset classes largely through capital market execution. HH Capital Advisors, LLC is comprised of a management team with unique experience and expertise in the execution of structured finance transactions, focusing on project finance, renewable energy, multimedia entertainment and real-estate ventures. The Company's unique understanding of and expertise in structured finance enables it to transact in any asset class.
About Laidlaw Energy Group
Laidlaw Energy is engaged in the development of independent power plants that generate electricity from renewable resources, with a particular emphasis on biomass power. Laidlaw Energy's mission is to build and manage a profitable portfolio of biomass facilities through the development of new facilities and acquisition of existing facilities, and in so doing become the leading supplier of biomass power in the United States. Laidlaw Energy is headquartered in New York, New York. For more information, please visit our website at www.LaidlawEnergy.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and Laidlaw cannot provide assurance that such statements will prove to be correct. Laidlaw undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact:
E&E Communications
Paul Knopick, 949-707-5365
pknopick*eandecommunications.com
or
Laidlaw Energy Group, Inc.
Edward D. Meyers, 212-480-9882
info*laidlawenergy.com
Source: Laidlaw Energy Group, Inc.
Well, we got news about the financing....
The market didn't respond very well, possibly due to the PR stating LLEG has to meet certain criteria instead of saying we have $8 million in hand. Sometimes the market needs time to digest things, so I will be watching closely until Wed-Thursday close to see how things go. If we break .0044-.0046 wall then lookout we may fly. If not, a lot of people may sell out. I may sell in .004's if possible and try to get back in lower if the selling starts. I still love the company and think big things are still to come, but I may try to flip it for a little profit here.
The market didn't respond very well, possibly due to the PR stating LLEG has to meet certain criteria instead of saying we have $8 million in hand. Sometimes the market needs time to digest things, so I will be watching closely until Wed-Thursday close to see how things go. If we break .0044-.0046 wall then lookout we may fly. If not, a lot of people may sell out. I may sell in .004's if possible and try to get back in lower if the selling starts. I still love the company and think big things are still to come, but I may try to flip it for a little profit here.
today's berlin daily sun http://www.laconiadailysun.com/BerlinPDF/2008/4/2B.pdf
After a lot of selling yesterday into the news, it looks like we are holding the support line of .0026 very well. The local Berlin paper covered the story in the read above and states Friday as a possible close on the 1st part of the financing. So, IMO there may be another PR out Friday or early next week. The afternoon should be interesting...back later
I strongly agree with you on how hard it is to find accurate info. on pinks. I believe anything under .003 is a steal. For me, this morning was a wait and see event, to see if it held support. And it did very well. Although, I wouldn't have been too upset to see it go below support and dip back in the .00teens for some real cheapies.
Very interesting day....we broke support and went down to .0022, but the bulls rallied in the last hour or so and brought it back up to .0028. Not sure what tomorrow will bring. If we hold the .0026 barrier then it may move on up the ladder, but if it breaks support again we may see the high .0018. I'm still long in this one and will be that way for a while, unless the fundamentals turn ugly. Could be a nice day to accumulate tomorrow though!!
Yeah, it looks like they have some interesting things in the works that could be very profitable if they come to fruition.
The 1.4 billion o/s share count is a little much but it could be worse. They said that they have no plans for a r/s and I hope they keep their promise. I figured that a little nibble wouldn't hurt me too much, even if it implodes.
Please post any other info you come across when you have the time, thanks $$.
The 1.4 billion o/s share count is a little much but it could be worse. They said that they have no plans for a r/s and I hope they keep their promise. I figured that a little nibble wouldn't hurt me too much, even if it implodes.
Please post any other info you come across when you have the time, thanks $$.
Still a few pumpers out there but it looks like the Berlin NH residents think LLEG is a piece of shit and they won't live up to their promise of getting the this plant done. Hope that changes, if they think LLEG is bad news than this pinky will remain that way.
Just my opinion from what I have read. I'm still holding at 28
Just my opinion from what I have read. I'm still holding at 28
CEO of Laidlaw made a post on Investorshub tonight.
<TABLE cellSpacing=0 width="100%" border=0><TBODY><TR><TD class=text2 vAlign=top width="100%">
<IFRAME align=right marginWidth=0 marginHeight=0 src="http://usas1.advfn.com/oasis/oasisi-i.php?s=43&w=336&h=280&t=_blank" frameBorder=0 width=336 scrolling=no height=280>
</IFRAME>LETTERS
Laidlaw Berlin Biopower, LLC
I was disappointed to learn that at a recent council meeting the mayor and some city council members expressed their opposition to our biomass-energy project planned for the former Fraser pulp mill. This is a clean renewable energy project that represents a $100 million investment into the community. Once the plant is operational it will purchase $25 million of biomass fuel each year. These funds will go to local loggers, truckers and landowners, ultimately supporting the stores, fuel dealers, restaurants and other business that make up the local economy. We anticipate hiring 40 skilled workers to run this facility. These jobs will be high paying and long lasting-jobs that build families, send children to college, and strengthen the community.
In addition, we have crafted an agreement with the Fraser Paper Mill in Gorham to help offset some of their fuel costs, helping to preserve the 300 plus jobs at that facility. Considering all these facts, and the reality that we will most likely be the largest taxpayer in the city, it is hard to understand how the council and mayor have come to this decision without having made any signifi cant effort learn about our plans for the site. While I have been advised that the city council resolved to seek additional information on the project last week, we have yet to be contacted by anyone from the city government to discuss our plans. In light of the current economic hardships faced by so many Berlin families, it is hard to understand why a representative government would be go out of its way to reject an economically viable clean renewable energy project. We understand that the city wants to pursue tourism and other non-industrial activities, but a biomass plant is not a pulp mill and will not preclude tourism related activities. In fact, the proposed plant will only take up a small percentage of the overall site and a clean state-of-the-art facility will enhance the community’s image - not detract from it. In all fairness, I have heard that it is the plant’s location, not the issue of biomass energy itself, that is opposed by the project’s detractors.
Unfortunately, building at an alternative location would not be economically viable as is evidenced by the fact that there has not been a new biomass power plant built in New Hampshire for over 25 years. What makes the Fraser site valuable is the existing boiler, which is in good condition and capable of conversion to biomass fi ring. The sad truth is that supporting an alternative location will most likely result in nothing being built at all, as happened with the now abandoned project in Groveton.
Currently, we anticipate taking ownership of the property in the near future and beginning construction by next summer, with operations to commence in early 2010. Fortunately for all concerned, Berlin is well situated on the transmission grid so that our project can coexist with the proposed wind farm and export its power without the need for substantial upgrades. This, coupled with the fact that the fi nancing for the project is in place means that we can realistically look forward to the day in the not too distant future when we are operating on a full time basis providing clean energy, jobs and economic opportunity to the citizens of region and state. For the last 18 months, our team has worked very hard on developing this project, and I know that we all, including the city, will be proud of the result. Now is the time for those residents who believe in renewable energy and sustained economic activity for Berlin to support this effort by contacting their elected offi cials.
For our part, I can assure you that we are committed to working with the community, the city and the state government to ensure that all interests and concerns are taken into account as this project moves forward.
Michael B. Bartoszek
President & CEO
Laidlaw Berlin Biopower, LLC
</TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 width="100%" border=0><TBODY><TR><TD class=text2 vAlign=top width="100%">
<IFRAME align=right marginWidth=0 marginHeight=0 src="http://usas1.advfn.com/oasis/oasisi-i.php?s=43&w=336&h=280&t=_blank" frameBorder=0 width=336 scrolling=no height=280>
Laidlaw Berlin Biopower, LLC
I was disappointed to learn that at a recent council meeting the mayor and some city council members expressed their opposition to our biomass-energy project planned for the former Fraser pulp mill. This is a clean renewable energy project that represents a $100 million investment into the community. Once the plant is operational it will purchase $25 million of biomass fuel each year. These funds will go to local loggers, truckers and landowners, ultimately supporting the stores, fuel dealers, restaurants and other business that make up the local economy. We anticipate hiring 40 skilled workers to run this facility. These jobs will be high paying and long lasting-jobs that build families, send children to college, and strengthen the community.
In addition, we have crafted an agreement with the Fraser Paper Mill in Gorham to help offset some of their fuel costs, helping to preserve the 300 plus jobs at that facility. Considering all these facts, and the reality that we will most likely be the largest taxpayer in the city, it is hard to understand how the council and mayor have come to this decision without having made any signifi cant effort learn about our plans for the site. While I have been advised that the city council resolved to seek additional information on the project last week, we have yet to be contacted by anyone from the city government to discuss our plans. In light of the current economic hardships faced by so many Berlin families, it is hard to understand why a representative government would be go out of its way to reject an economically viable clean renewable energy project. We understand that the city wants to pursue tourism and other non-industrial activities, but a biomass plant is not a pulp mill and will not preclude tourism related activities. In fact, the proposed plant will only take up a small percentage of the overall site and a clean state-of-the-art facility will enhance the community’s image - not detract from it. In all fairness, I have heard that it is the plant’s location, not the issue of biomass energy itself, that is opposed by the project’s detractors.
Unfortunately, building at an alternative location would not be economically viable as is evidenced by the fact that there has not been a new biomass power plant built in New Hampshire for over 25 years. What makes the Fraser site valuable is the existing boiler, which is in good condition and capable of conversion to biomass fi ring. The sad truth is that supporting an alternative location will most likely result in nothing being built at all, as happened with the now abandoned project in Groveton.
Currently, we anticipate taking ownership of the property in the near future and beginning construction by next summer, with operations to commence in early 2010. Fortunately for all concerned, Berlin is well situated on the transmission grid so that our project can coexist with the proposed wind farm and export its power without the need for substantial upgrades. This, coupled with the fact that the fi nancing for the project is in place means that we can realistically look forward to the day in the not too distant future when we are operating on a full time basis providing clean energy, jobs and economic opportunity to the citizens of region and state. For the last 18 months, our team has worked very hard on developing this project, and I know that we all, including the city, will be proud of the result. Now is the time for those residents who believe in renewable energy and sustained economic activity for Berlin to support this effort by contacting their elected offi cials.
For our part, I can assure you that we are committed to working with the community, the city and the state government to ensure that all interests and concerns are taken into account as this project moves forward.
Michael B. Bartoszek
President & CEO
Laidlaw Berlin Biopower, LLC
</TD></TR></TBODY></TABLE>
I just noticed this thread and it caught my attention because I live here. For the past several months Laidlaw has wanted to open a biomass facility on the old mill site and I believe have entered into an agreement with the current land owners. When the old mill was torn down last year they left the boiler standing as it was fairly new and could be converted to support a biomass facility. The problem is the boiler is located in the downtown area and the people of Berlin do not want another Mill located there.
Laidlaw, on the other hand says that it would be too expensive to move the boiler to the outskirts of town. I would be very surprised to see this project ever get off the ground. JMO
Laidlaw, on the other hand says that it would be too expensive to move the boiler to the outskirts of town. I would be very surprised to see this project ever get off the ground. JMO
