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Post by Deleted on Nov 13, 2015 15:20:15 GMT
You can see why you might do that if you were using your own money (maybe not having the cash) but why would you do it when you are burning a loan at 12%+? Meanwhile these are early installations with warranty clauses surely?
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mikes1531
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Post by mikes1531 on Nov 13, 2015 17:17:09 GMT
Meanwhile these are early installations with warranty clauses surely? Wouldn't a lot depend on the terms of the warranty? Does it simply cover fixing the underperforming item, or does it include compensation for the lost income during the downtime? If the former, then the 'time-to-fix' becomes an issue, and that could be extended if parts are required. If it's the latter, then 60% of expected performance might not mean that income has been only 60% of expectation. I think the critical question here is whether the 60% performance is the result of lack of wind or unreliable equipment. The report from AC doesn't address this question. They has been asked -- in the loan's Q&A -- to reveal the reason for the shortfall in output.
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oldgrumpy
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Post by oldgrumpy on Nov 24, 2015 16:48:24 GMT
Falmouth 127 has paid back, but nothing in the wind about Cornwall 121. All the remaining November drawdowns have now been puhed* into December! .... errrr! like in Marvel Comics... they have POW!!
AC is a little more sedate, and just has puh!
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Post by jevans4949 on Nov 25, 2015 15:43:40 GMT
... but nothing in the wind about Cornwall 121 ... Well, with a wind turbine, you wouldn't want anything in the wind anyway - damages the blades. Although a plump goose could come in handy for Xmas.
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Post by Ton ⓉⓞⓃ on Nov 25, 2015 15:52:47 GMT
... but nothing in the wind about Cornwall 121 ... Well, with a wind turbine, you wouldn't want anything in the wind anyway - damages the blades. Although a plump goose could come in handy for Xmas. Just so long as it's not a frozen one in the wind.
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Post by mrclondon on Nov 25, 2015 18:57:57 GMT
#147 Work***** Pro******* the latest partial redemption funds have been received by AC and will be credited to lenders during Thursday.
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mikes1531
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Post by mikes1531 on Nov 26, 2015 3:34:11 GMT
Falmouth 127 has paid back, but nothing in the wind about Cornwall 121.
No news at all. That's a bit odd considering we were led to believe they'd be redeemed in close succession. The conspiracy side of me wants to suggest that AC don't want Cornwall WT to redeem before they have a replacement WT loan drawn down so as not to aggravate an already awkward position as regards the GEIAs.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Nov 30, 2015 15:00:26 GMT
#123 paid from buffer £50 short for some reason-buffer exhausted
#45 paid from buffer £800 short according to AC but £1800 by maths so a typo I suspect
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mikes1531
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Post by mikes1531 on Nov 30, 2015 16:06:10 GMT
#45 paid from buffer £800 short according to AC but £1800 by maths so a typo I suspect AC haven't responded to ilmoro 's question about this in the Q&A, but they have corrected the Activity entry to "over £1,800 short". I do hope they admit their mistake this time, rather than producing another patronising answer. Last week, someone asked why an important situation at Loan #86 hadn't been noted in the Activity tab, and received what struck me as a rather snotty reply that it was noted in the Activity tab on the previous day. What the person answering the question seems to have failed to notice is that the question had been asked the previous day -- some seven hours before the info was put on the website!
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bg
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Post by bg on Nov 30, 2015 17:03:30 GMT
Have I missed something or did someone just buy £300k of the Lend to let loan #173 (previously the biggest dog on the market..) ?
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mikes1531
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Post by mikes1531 on Dec 1, 2015 1:16:50 GMT
Have I missed something or did someone just buy £300k of the Lend to let loan #173 (previously the biggest dog on the market..) ? That does seem a bit odd. I suppose there's a chance that AC have persuaded one of their institutional funding sources to take that.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Dec 4, 2015 18:53:18 GMT
#121 Corny Whirly Thingy repaid, funds being credited tonight
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mikeb
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Post by mikeb on Dec 5, 2015 18:05:09 GMT
#121 Corny Whirly Thingy repaid, funds being credited tonight ... or not, as the case appears to be  ...
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jonah
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Post by jonah on Dec 5, 2015 18:30:35 GMT
#121 Corny Whirly Thingy repaid, funds being credited tonight ... or not, as the case appears to be ... My GEiA had its fraction in this one repaid yesterday. I didn't have any direct investment though. edit: wrong account
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Post by Ton ⓉⓞⓃ on Dec 5, 2015 22:34:26 GMT
... or not, as the case appears to be ... My GBBA had its fraction in this one repaid yesterday. I didn't have any direct investment though. Finger trouble at AC?
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