I haven't done the analysis, but the prior assertions that IFT's portfolio could move into net cash generation in 2013 or 2014 doesn't make any sense to me — but you /
everybody shd perform their own detailed analysis to examine likely scenario (s).
It's worth mentioning (you don't imply it, but I've seen it elsewhere): Some people consider the co can't be trusted as it was so colossally wrong on LEs... based on the notion that
everybody shd have kicked the bucket by 2012.