Still happily accumulating confidently knowing that this is now pretty much de risked.
Can someone give me a an idea what NWT will be worth when Jab 2 launches in Dec 2013. According to the annual report this should generate about $110mil over its 15 year life. As this is a lease to Measat I assume that this should mostly be profit. That means about $7.3mil profit per year. If you look at last years net annual profit of $2.3mil this more than triples that to $9.6mil.
I am reading this correctly or do I need a crash course in accounting?
Still happily accumulating confidently knowing that this is now...
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