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Ann: Appendix 4C - quarterly, page-16

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  1. 2,371 Posts.
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    If I was completely negative I'd be out but they need capital and projects. If I was them id try and identify goof annuity projects to buy and then raise capital promoting the deferred tax losses (If they're definitely usable). Otherwise this is I'd say 2 years away from there being enough projects to be profitable given lag between project identification, finance, build and operation.
 
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