The post you are reporting:
The presented views here of PaulB and Barry certainly illuminate the prospectus, and I think the subject should be continued to clarify a few more points, which seem quite interesting;
If a sum of money were collected through selling bonds, who does this money go to in the first place? And would it be invsted in the Port, for example in building up Western Docks, or could it be used in any other project?
I do remember DHB stating early this year that a private Dover Port could be investing even abroad!
I am sure this would be contrary to the idea of investing in Dover.
Still, one more point that immediately enters my mind: the ferry operators do state that they are loosing out on the market as they cannot increase the price of tickets without losing business to the Chanel Tunnel, so it would be hard to work out how a revenue could come in without increasing the fares, and considering that the same operators are closing down some lines or laying off staff, or are on the verge of doing so, there are quite a few questions to be hammered out and solutions found.
I personally think that an increase in fares to cover a revenue income for Dover Port should also be applied to the Chanel Tunnel, so that people won't be avoidung Dover Port and using the Chanel Tunnel in order to avoid this added fee. This of-course would be of benefit to Dover Port and to the Channel Tunnel, that is, to the destinataries of said added fee, and would not damage the ferry operators.
Without an increase in the fares, I can't see how a future Dover Port operating in bonds cold bting in a revenue.
Lastly, I note from PaulB's statement that the whole question of Dover regeneration from Port revenues is left open to doubt, so on the whole this thread has been quite illuminative.