RE: RBC Update IAE SP Target $3.50 Hi all, that should read a $60M boost not 460M.
Also note the fantastic $400M FREE CASH FLOW after Stella is online, will be some serious growth with that cash
- The 10% rise in our NAV to $3.51 has been driven by our increased understanding of the tax benefits from the ownership of FPF-1 vessel in the GSA which we estimate provides a 460M boost to the value of the IAE stake