I think i'm missing something here with Bushboys calcs. If were only going to have revenue of $800m over 15 years, then how have we already got binding contracts for $644m pre-launch at discounted rates with the bulk of capacity still to sell at a higher premium and spot beams etc.. at a significantly higher premium...? The $3bn was always based on a conservative 60-70% take up. In line with NWT's last announcement, and in my own opinion, we're likely to hit $1bn of J1 contracts by Christmas, with the bulk contracted in 2015. As a holder I don't mean you any disrespect, but I obviously hope your calcs are hopelessly inaccurate busboy, as I expect they are. I would expect that the financiers of a $620m loan have performed a little bit more due diligence than you have. Anyway i'm happy to disclose that i want your sums to be inaccurate as i'd like the sp to rise substantially. I still believe if they get J1 in the air this baby is $3bn+, as do EX-IM..........
NWT Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
