Even putting aside the claimed accidental omission of a decimal point (which, frankly, I don't know how you do...but I digress)...
...you seem to think that "EBITDA" is synonymous with "net operating cashflow" and/or "NPAT".
You would be wrong about that. Very, very wrong.
Even if VOR meets its projections it won't have the profitability or cashflow required to pay a div anything like 1.2c. Nowhere near it. Like, so far removed from that space, it's hilarious.
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Ann: New agreement with Central Bank of India, page-72
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