babcock & brown infrastructure's (bbi) dalrymp, page-14

What you say is factually correct melua, but that still is a huge mountain to climb - even by 2012 - and I would have to say it really does remain to be seen.

I am not saying it is impossible, but I could not see a dividend being paid at all until the entire corporate facility is fully repaid and gearing is considerably less.

To get the share price back over $1 is a very considerable way off in the distance right now.

Still, I do think BBI has some quality assets and good cashflow from these assets, but gearing must come down and the corporate facility must be substantially reduced.