14D 0.00% 6.4¢ 1414 degrees limited

Ann: Aurora Solar Energy Project Development Update, page-11

  1. 690 Posts.
    lightbulb Created with Sketch. 93
    Money is cheap at the moment, this looks to have 150M invest for 12M return worse case, 8% return.
    Best case return 150M get back 40M about 25% return.

    But how much money do they need to start it, before banks will back them..
    Say banks will lend them half. at 10%
    They will need about $75M to get project off the ground.
    Say they could run the project with quarter of the money $25M.

    If they can build it, their market cap could go to 150M.

    So $3M just to do the planning.

    High risk, high return and the government only wants gas.
    It really looks like a infrastructure project, so if you have heaps of money like a superfund its a no brainer.


 
watchlist Created with Sketch. Add 14D (ASX) to my watchlist
(20min delay)
Last
6.4¢
Change
0.000(0.00%)
Mkt cap ! $15.24M
Open High Low Value Volume
6.2¢ 6.4¢ 6.2¢ $2.045K 32.46K

Buyers (Bids)

No. Vol. Price($)
1 170000 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 41416 3
View Market Depth
Last trade - 15.08pm 12/07/2024 (20 minute delay) ?
14D (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.