investing the 300 mill surplus in a bank , page-6

bochman

I've taken the fact they will contribute the 40% to development into account.

Note - this will be for further development down the track.

I've used $300 mill as the surplus even though the company mentioned a $350 mill surplus.

So I didnt include the $50 mill which can be used immediately .. if needed.

Dont forget the $24 million earned interest per annum can also be used to fund development down the track.

So the $300 mill can be left intact (in theory) earning interest .. a nice ongoing cash position equating closely to AED's current market cap.