Once again it is our intention to have the $21MM count toward the Budget.  
What is not firmly established is the total budget amount. We are removing 
the contingency which reduces the budget but that is offset by some fuel oil 
expense and F/X expense which is increasing.  Please plan for you and Laine 
to be available Monday AM to make sure we are all on the same page once this 
all settles.




Richard A Lammers
12/15/2000 05:14 PM
To: Felipe Ospina/NA/Enron@ENRON
cc: Tracee Bersani@ECT, Christiaan 
Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob G Gay/NA/Enron@Enron 

Subject: Re: Cuiaba Lender Package  

lets fight for the reduction in cash anyway



Felipe Ospina
12/15/2000 06:59 PM
To: Richard A Lammers/SA/Enron@Enron
cc: Tracee Bersani@ECT, Christiaan 
Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob G Gay/NA/Enron@Enron 
Subject: Re: Cuiaba Lender Package  

Ok. However, I dont see a reduction from cash from operations in the models 
that were sent to the lenders in August by Roberto. I dont remember either 
Robert or Roberto mentioning this assumptions at that time either. Thanks.




Richard A Lammers
12/15/2000 04:56 PM
To: Felipe Ospina/NA/Enron@ENRON
cc: Tracee Bersani@ECT, Christiaan 
Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob G Gay/NA/Enron@Enron 

Subject: Re: Cuiaba Lender Package  

Wait for Rob and send  to shell simultaneouse with the banks



Felipe Ospina
12/15/2000 06:46 PM
To: Richard A Lammers/SA/Enron@Enron
cc: Tracee Bersani@ECT, Christiaan 
Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob G Gay/NA/Enron@Enron 
Subject: Re: Cuiaba Lender Package  

I included cash from operations in the Project Cost Tab in the Consolidated 
Model to match the reconciliation file that Tracee has which will be shown to 
the lenders. If everyone agrees I can send to Shell so they can start 
reviewing, but what Tracee told me was that she and Rob and want to sign off 
first and they are still reviewing the models.




Richard A Lammers
12/15/2000 04:36 PM
To: Felipe Ospina/NA/Enron@ENRON
cc: Tracee Bersani@ECT, Christiaan 
Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob G Gay/NA/Enron@Enron 

Subject: Re: Cuiaba Lender Package  

hy are we excludung cash from the lender model.Did we not do this last time.I 
think shell required this. We also need to put on these models that this is 
Enron's latest update and send to shell simultaneaously or get shell's 
approval first( which ain't going to happen quick)