RE:I am an investor
9lslucky... I'm an investor too. I've held GRB for about 4 years. Seen a lot of ups and downs. If I was a trader I could have made a nice chunk of change over those years, so I can't blame the traders for selling now and locking in profits before a big announcement. An announcement, by the way, that we really don't know which way it will go. But the reward for holding, in my opinion, far out ways the risk of selling. If we get selected we'll never see 1.91 again. If we don't, the traders that aren't as knowledgeable as those on this board, will get out at all costs, thinking the project is doomed. It's just the way it is, with any stock. There's always those who are misinformed that create fear and panic. In turn this creates a massive buying opportunity for those few of us that have really educated themselves in "what happens next" when a key development doesn't unfold as planned. The 1000mw RFP, in my opinion, is what happens next. I would love Jeff's input on how this selection process works, or more importantly now, is this what happens next for Montalva if we're not selected under the 150mw cap. I'm sure knowing this would set a lot of investors at ease. But from what I've read, we'll have to resubmit the project with the understanding that we are now in a competitive environment where projects are selected on a points bases. Price per kw makes up 45% of those total points, so it's one of the biggest factors in getting approved. The advantage Montalva has over any other non-shovel-ready project that it will be in competition with is that, again, it has absolutely everything else in place to begin construction. We just need to settle on a price and sign a PPOA. This process to review a submitted project, from what I last read, should take no more than 75 days. But really, with Montalva being so familiar to PREPA and PREB we could see a shorter review period unless there's a lot of back and forth wheeling and dealing going on. But again, I don't know the exact process here, Jeff's the expert and I'd love for him to correct me.... and feel free to tell me I don't know what I'm talking about and stop spreading misinformation.... love that guy lol.