Does anyone have a good understanding for how far along the...

Does anyone have a good understanding for how far along the projects are following Saddle Hills?

I ask because the recurring revenue for just Saddle Hills doesn't seem THAT compelling. 64mw x $35k = $2.25M + 10% equity interest (maybe $4M of EBITDA contribution to KPO?). So $6M (plus one-time dev fee). That probably gets them to cash flow neutral on a recurring basis, maybe a little positive. And I know they're aiming for 1H24 for this but based on their execution thus far I think we can all agree 2025 is a better bet.

So to be EBITDA neutral in 2025? Doesn't seem all that exciting. UNLESS I'm underestimating how quickly these other projects are coming down the pike. I just don't get the feeling they're THAT close behind. So then we're talking EBITDA positive in 2026 at the earliest?

Before I get chewed up, I'm not trying to "down ramp" or anything like that. I really like what this company is doing and want to invest. The numbers just need to work and I want to make sure I'm thinking about it the right way. Thanks for any thoughts.