AUZ 0.00% 0.8¢ australian mines limited

Ann: Appendix 3B, page-47

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    Yes ... but if you think about it they are not that different.  My expectation is that AUZ's cost of capital will be somewhere in the vicinity of 8%. 
    Why have a discount rate at all ... to recognize that $1 today is not the same as $1 in the future (opportunity costs, inflation etc.)  
    Why do banks charge interest on debt ... because $1 today is not the same as $1 in the future (opportunity costs, inflation etc.)
 
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