On Monday, 20th of May, the Water Contract with Air-Fin will be discussed and debated in the Island Council. At present we are unsure if it will be live on the radio, but we will let you know if it is and what time when we find out. Below there is a roundup and look at the latest news articles on this subject and some further examination of the financial aspects of the deal. Let's hope the Opposition have done their homework.
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The Today by far has been leading the way on reporting this story, SXM PE even got a mention on the Front Page on Saturday and they followed our example in calculating the numbers. The Daily Herald on the other hand has reported this story with kid gloves, we all know they read SXM PE so their lack of reporting is highly suspicious. Could it be that Mr Snow is friendly with Mr Barendson? We have heard that this may be the case.
The Daily Herald Editorial of Saturday may sound firm about the need for answers, but their complaint about documents not being made available to the media is a joke. Perhaps they should employ some real reporters that do some investigating and ask for this information. Could their lack of asking be the reason for the lack or accountablitly and respect for pubic discourse and information that the govt has? Seriously, get off your asses DH and start being reporters instead of being stenographers and secretaries.
The today had an article on Friday estimating the value to Air-Fin of the new contract at $50 million. We have been doing a little more calculating and estimate it would likely be quite a bit more. If we assume for the moment that the island uses 13,000 M3 per day and that each year this consumption would rise by about 800 M3 then this is what we get.
First Year
12,300 per day @ $1.417 = $17,429
700 per day @ $0. 92 = $644
Total Per Day $18,073
Total x 365 days = $6,596.645
Second Year
12,300 per day @ $1.417 = $17,429
1,500 per day @ $0. 92 = $1,380
Total Per Day $18,809
Total x 265 days = $6,865,285
Third Year
12,300 per day @ $1.417 = $17,429
2,300 per day @ $0. 92 = $2,116
Total Per Day $19,545
Total Per Year - $7,133,925
Continuing in this manner for 10 years give these figures
4th Year - $7,402,565
5th Year - $7,671,205
6th Year - $7,939,845
7th Year - $8,208,485
8th Year - $8,477,125
9th Year - $8,745,765
10th Year - $9,014,405 - Production of 20,200 M3
Add all this together and you come up with an estimated gross income from this contract over 10 years of $78,055,250
What we really need to find out is how much it costs, investment and daily operations, to produce one M3 of water and calculate the profit, profit which GEBE will not be making because they will not be the producers. According to this site a high volume plant in the US it can cost 0.1 cents per gallon, with 264 gallons to M3 it equals about $0.26 per M3.
Perhaps Mr. Harless would be willing to give us some estimated costs on water production. He should be commended for speaking with the Today and we thank him. Now, where's Mr. Lambert got to I wonder?
There are many questions to be asked tomorrow and the DP party must be made plainly aware that if they decide to push this contract through, after all the information has been provided showing it is a bad deal for the island, then they will hold the collective responsibilty. They will all be guilty of selling out the island and GEBE, of endorsing not only a crooked deal, but a crooked deal that they are well aware of.
See also QUESTIONS ABOUT REVERSE OSMOSIS (RO)
Updates will be posted below
Roy denies 'Hanky Panky" - 22nd May 2007
Audio IC Meeting - 21st May 2007
Barendson calls Harless a liar - 21st May 2007
Today Editorial - Water Saga - 21st May 2007
Water Contract Meeting today - 21st May 2007
Letter - Air- Fin and why we are in trouble - 21st May 2007
Willem Barendsen refutes statements about Air-Fin - 21st May 2007
IC meeting on Water Contract to continue - 19th May 2007
Daily Herald Editorial- Unsavory Odour - 19th May 2007
Harless - Where did Air-Fin come from - 19th May 2007
Submitted by SXM PE on Sun, 2007-05-20 22:42.
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