LLEN gave the Bowie coal mine in Colorado and expensive loan @ 9%, plus gets low cost warrants. With cheap money available and a TVA contract, why couldn't Bowie find lower interest loan from GE Capital or some bank?
Is LLEN trying to dilute its China flavour? With limited cash in hand, LLEN is investing 1/3 of its cash in US leaving 6 mil for China acquisitions? How much more can LLEN do to maintain or enhance its EPS now?