GREY:EORBF - Post by User
Post by
princeofcuton May 28, 2015 9:51am
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Post# 23773385
ITC's - Veolia - JV's..what i demand...
ITC's - Veolia - JV's..what i demand...
..i saw ORT's NR re. new ITC's as being a pump job no more and no less as it was spec..so why do it...IMO ORT laid out the proposition that a potential JV partner could invest in ORT and have significant portion of its investment as risk free, guarenteed return...this IMO should be more than sufficient to entice Veolia or some other potential partner to JV with ORT...so look at the easy part, a structured JV with min $15M upfront, $7.5M guarenteed by ITC's and $7.5M at risk ...i would then structure additional JV aspects based on ORT accessing fully all ITC's which are rolled into a parnters investment...if Veolia is too scared then get off the BoD and lets find some entity more suitable...as GK intimated the best return is fly ash not red mud, maybe a Yankee firm would find ORT attractive