Q: A BNN guest said the Co. or someone else said they predicted that in 5 years the Co. would have $30. per share of cash flow which should mean a share price of $170. Are you aware of any such report?
5i Research Answer:
We have not seen such a report but that does not mean it does not exist. We do not have access to everything from every broker. Cash flow per share was $7.44 last year, so to get to $30 BN would have to very aggressively spend its capital. It is not beyond possibility but seems an aggressive forecast to us.