This response 'starting with 100m in the bank approx 70m / year income" was to query regarding a $2-300M infrastructure bill. Are you suggesting that the GAS full program is a $300M spend?
Anyway, back to $70M income per annum from Walyering, this is what I imagine...
Walyering project revenue = $70M => STX $38.5M, TPD $31.5M, ballpark about right, but STX only benefit from $38.5M so it ruins your response?
Now, if STX were to acquire TPD, then your "response" makes a lot more sense
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