re: Ann: RAI - 31 December 2012 Interim Finan... BINGO...

re: Ann: RAI - 31 December 2012 Interim Finan... BINGO Borris.

Conservative NPV of 16% Cadlao has been suggested at $22m (after costs). That disregards any tie-in from Bonita which is still up in the air, but may also come together.

dunno if you've seen this, but it is from before things went pear shaped. Talking about a company building towards market cap ~500 mil as Cadlao operator, obviously that has changed but in some ways, being a passenger on Cadlao may be easier than being the operator if they is other projects in play.

http://www.youtube.com/watch?v=726BPNVrgLU

there is another yootoob vid off to the side.