BBP babcock & brown power

i think it's all over, page-32

  1. 2,629 Posts.
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    Hi melua,

    Your comment:

    "All that matters is free cash flow and with this downgrade there is none. It's negative and as such BBP is insolvent."

    You have not addressed your definitive Statement:

    "It's negative and as such BBP is insolvent."

    I find it irresponsible to make the statement above unless you can factually point to a creditable source and/or provide a proforma financial statement that substantiates that "as such BBP is insolvent."

    As I have stated before a number of people here take what you post at face value. In this case IMO you need to validate the fact that you have stated that "as such BBP is insolvent." This is a very serious accusation to make without a creditable factual source that you can reference.

    Cheers,
    Brantley
 
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