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Enron Mail |
Mark,
If you where to look at it from an Palo index basis, how would this look? I think he wants to float with an index price but wants some feel for what type of basis to Palo we would use. Its not really a firm bid since he is not really going to transact, so its really an indication of the market. Kind of odd, but the better we make our price relative to Palo, the more likely we can get the business. We should show him a strong bid subject to credit etc. When the time comes to actually lock it in, and most likely he will not since the units have no historical performance, who knows what the market price will be. Mike -----Original Message----- From: Fischer, Mark Sent: Wednesday, June 20, 2001 9:32 AM To: Etringer, Michael Cc: Alonso, Tom; Salisbury, Holden Subject: Mona Indication Mike, here are the quarterly indications for Mona that we discussed: Q301 Q401 Q102 Q202 HLH 120 65 50 49 LLH 57 38 30 28 The prices indicated are for firm power delivered with liquidated damages. Unit contingent products will be discounted 20%-30% on HLH and 10%-20% on LLH depending on term.
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