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Conventional project

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Conventional project
A project with a negative initial cash flow (cash outflow), which is expected to be followed by one or more future positive cash flows (cash inflows).


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``It's really a more conventional project compared to others,'' said Vince Bertoni, the city's interim director of planning and building services.
ESO decided to use the entrance fees from these two countries for the project -- which will cost an estimated 25 million German marks, or $15 million, and is intended to be the world's finest telescope of the 4-meter class at one-third the cost of a conventional project.
As we continue to receive new contracts in 2007, we will pursue the use of bridge and working capital financing and conventional project financing coupled with Mexico state and federal guarantees thus reducing our dependency on equity financing.
 
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