Ann: Takeover of Sth Australian Coal Ltd/Cash Inj, page-15

re: Ann: Takeover of Sth Australian Coal Ltd/... Yes, I've read all the research. That graph looks good, and if it actually eventuates with those number brilliant.

Maybe I'm a natural sceptic given the number of "new" businesses I've seen miss budgets that look almost unbelievably impressive.

However, re your question "Could you be more precise and specify which of my figures are off mark?" is was the profit figure. Going by Guodian HOA announcement that plant would be capitalised at US$72M. Given the point of that number is "value" (ie. how to determine what the WEC technology is worth) it seems beyond belief to me that it could then generate the profit stated in your post.

Maybe it will, however I always have a sense of caution with numbers like that. Don't get me wrong - I'm positive on the company, just prefer to contain my enthusiasm for numbers like that rather than expect the best and find under-delieverance.