Replies to post #35011 on Phoenix Associates Land Syndicate (fka PBLSQ)

[WhiteSahara]

I think it has been less than 10% but will it still be with the $20 million dollar annual contract?

I have the pit at 15% of net in my workup and really hope you are more correct in it being less than 10. ProGas is the wildcard in this deal IMO. I hear rumors they are growing rapidly and should yield 3%. That would definitely start dwarfing the impoct of most of the other divisions.

Thanks for the correction.