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MirkoKovats says...

For those who are interested to find out more, the correct link address is:

www.fabportfoliomanagement.com

Dr.Zanaboni is the founding partner, identical with Stellar Energy.

MirkoKovats says...

Look at Stellar Energy's partner, FAB, they advertise but without any link, they know why, www.fabportfoliomanagement.com,Dr.Zanab… offers to investors a 70 MW waste to energy plant in The Bahamas needing $1,4 bn. debt and equity investment, and offering +50 % IRR. Interestingly now a "COO" is more in the foreground, strange, COO of what, and why does this now cost $1,4 Billion and yields +50 % IRR, the feasibility should be published so the people of The Bahamas understand what they get. Naturally, this is unrealistic and fortunately will never happen.Would need $500,00 per Megawatthour to pay off+transmission costs.But maybe we missed something.Look at fabportfoliomanagement as long as they advertise this investment,make a screenshot,maybe disappears soon.

MirkoKovats says...

How can anyone sane believe this will ever work?If you burn the absilable waste your net electrical output will be 25 MW,and the plant would cost max.$250million,ask Fichtner,Mott MacDonald,or any serious engineering firm.The rest is non existing,and there is not one reference plant on the planet proving these fairytales.

MirkoKovats says...

Yes, this is correct, we built 450 WtE plants globally, and Plasma is Vodoo, the few plants in Germany have been closed and dismantled, and the prototype plants are laboratory size and need auxiliary fuel to operate, making the plasma gasification process absurd, inefficient, and moreover toxic. A normal WtE plant for NP burns 250000 - 300000t municipal waste per year, and provides 25 MW net electric energy and should cost max. US$ 300,0 m.turnkey, already including the "Bahama factor" when it comes to expensive civil works. WtE is proven since decates with hundreds plants in Europe, no Plasma Vodoo existing, Stellar should show their reference plant, why do they look for investors at their Homepage guaranteeing 50 % IRR(another Vodoo miracle) on $1,04billion (no joke).This is grossly overpriced and will never work, fortunately it will never happen.
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MirkoKovats 10 minutes ago

Look at this: Stellar Energy's group company http://www.fabportfoliomanagement.com/p… Bahamas Waste to Energy project looking for investors, $1,4 billion (YES!) and 50 % IRR Internal Rate of Return. So, somebody will have to pay for this, The Bahamas? But, fortunately, this will never happen.....

MirkoKovats says...

Look at this: Stellar Energy's group company
http://www.fabportfoliomanagement.com/p…
Bahamas Waste to Energy project looking for investors, $1,4 billion (YES!) and 50 % IRR Internal Rate of Return. So, somebody will have to pay for this, The Bahamas? But, fortunately, this will never happen.....

On Wells says he will not resign post

Posted 1 August 2014, 11:26 a.m. Suggest removal

MirkoKovats says...

Yes, this is correct, we built 450 WtE plants globally, and Plasma is Vodoo, the few plants in Germany have been closed and dismantled, and the prototype plants are laboratory size and neet auxiliary fuel to operate, making the plasma gasification process absurd, inefficient, and moreover toxic. A normal WtE plant for NP burns 250000 - 300000t municipal waste per year, and provides 25 MW net electric energy and should cost max. US$ 300,0 m.turnkey, already including the "Bahama factor" when it comes to expensive civil works. WtE is proven since decates with hundreds plants in Europe, no Plasma Vodoo existing, Stellar should show their reference plant, why do they look for investors at their Homepage guaranteeing 50 % IRR(another Vodoo miracle) on $1,0 billion (no joke).This is grossly overpriced and will never work, fortunately it will never happen.

On Wells says he will not resign post

Posted 1 August 2014, 11:16 a.m. Suggest removal