For every 100GW they add their bottom line improves by approx $4mil.
Given that this financial year is pretty much over.....limited use for forward projections.
Anyway this financial year - no profit
Next financial year - approx $3mil profit
What is your prediction? What do you value a company growing at this rate? Likely to have 275-300GW on the books by end of next financial year. What is that worth?
They have hit GW targets so far and have (by their own report) kept cost control within 1% of budget.
Not cheap or very cheap?
Ann: Appendix 4C - quarterly, page-24
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