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FBR Analysis, page-4

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    lightbulb Created with Sketch. 411
    hi benzi, your points are valid but I have tried to keep things conservative to bake in a margin of safety. Feel free to set up your own model and use your own assumptions but I will keep things conservative in my calcs.

    remember folks, do your own research, make your own decisions and draw your own conclusions. Don’t rely on my analysis for your decisions, etc etc…
 
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