JOKE? invest $6b, if put it into the financial markets, this amount of money can easily generate $500m cash.
After say 3 year's construction, the total costs actually is $8b.
How many years does it take to get the capital back? It needs at least 12 years, if $1b net project can be secured for the investor (they only got 64%) that means the port and rail should at leats generate $1.5b per year.
If the infrastructure cost for the miners are $2b per year, I believe the total mining investments for these potential mining projects, (let alone where is money will be from) could be $100b.
It could happen in my next generation??? not sure!
Just my personal thinking, I doubt if there is silly investors like this.
PDY Price at posting:
3.3¢ Sentiment: Sell Disclosure: Not Held