Lets discuss over a pub meal at The Grand in Warrandyte...
ALL IMO
The cash flow chart below in the uDFS presentation suggests ADN will soaked up the carried losses in year 5 or 6.
...and there is free cash flow forecast in year 7.
So, divvies maybe early next decade...
However, it seems Bob is being conservative in the uDFS.
The presentation suggests pay back for funding stages 1A, 1B and 2, to be 5.1 years.
In the recent Crux interview Bob suggests enough revenue to self fund after stage 1A & 1B...
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