Ann: MIN: Extension of Norwest Energy Off-Market Takeover Bid, page-93

@greenleaf, that is a gross, 100% number. NWE share of that is 20%-22.5%.

We've posted previously on what a 250Tj/day plant looks like for NWE - conceptually - and came up with the following:

• capex for NWE share is around 150M for a 250 TJ/day f gas plant.
• EBIT is just that. earnings before interest and tax (cash items) and depreciation/amortisation (non cash items - i have not included here). thats how much money will hit the till and then you have to pay interest and tax.
• for NWE with a 80/20 dom gas. LNG split it will give around $200M per annum EBIT.
• so they could pay back the loan within 2 years and then buy a safe big enough to keep the cash as it comes in.

@Blakebad ive not heard from anyone yet.