GREY:ADEXF - Post by User
Comment by
greenandgoldon Sep 07, 2011 2:49pm
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Post# 19019044
RE: RE: RE: RE: Where are the Analysts
RE: RE: RE: RE: Where are the Analysts1) I think the odds are FEO and AXI won't make it in this resource cycle because of all the development issues (I give each of them a 5% to 10% chance). The market seems to be on my side of the bet. CEV and ADI are located a little closer to infrastructure, and the weather's a lot better where they are located, so I give them each a 30% to 50% chance. ADV, because it's surrounded by infrastructure, I give at least a 60% to 70% chance of being developed in this cycle. Nothing's guaranteed.
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2) I'm here because the company is interesting. And I enjoy pointing out the development obstacles AXI management doesn't like to talk about.
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3) So XinXing is back to kick the tires and negotiate some more. I thought AXI was supposed to be sitting pretty with a $1 billion in funding guaranteed? Was that an exxageration by management? Let's see what the agreement really ends up being. I guarantee you XinXing won't be paying for anywhere close to 100% of capex for Roche Bay.