Should I say cash profit? If so, what do you think the cash profit would be in the next three years? $10m, $20m or $30m each year in the next three years? Even if AL thinks there is a slightly chance of getting $30m cash profit a year for the next three years there would be $200m in the bank by 2023. Total funding for C&L WA is $500m and we only need $300m. Why would AL raised the full amount now?
Ann: Fully Underwritten Equity Raising - Approximately A$425M, page-30
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