Nice presentation but can anyone please explain that forward looking graph. Don't get me wrong, I am a happy (very) long term holder of FID since about $1.60. But that graph with the conceptual thing looks like they are misrepresenting. They show where we are now (no arguing with FUM of 6B) but it implies that when FUM was less than this (which is has been for since whenever) that we would have had negative EBITDA. And if memory serves correct we have had positive EBITDA for a long time now.
The graph seems to imply we are at some turning point or just in positive territory but that is blatantly false. Anyone else care to set my modest analysis straight?
Ann: FID Investor Presentation - FNN/Shaw Partners, page-2
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