As i said rough figures to get a rough idea of the project, without going into too much detail.
The basis of the tables was to show the different outcomes with different debt/equity ratios as well as different mixes of how funding could change things.
Once DFS, strategic partner and financing agreements are in place, ill try draw up a more detailed and accurate representation of how things might look going forward.
Please be advised none of those figures are facts and i have used "assumptions" to derive all of them. Changing the following variables would alter the outcomes: Actual CAPEX Actual OPEX Actual Iron ore price Actual production per year Actual cost of shares for equity financing Actual interest rate on corporate debt Actual Tax rate and obviously HOW the 70/30 will be funded.
Other possible considerations: Instead of % of project share, deal could involve $10pt produced to partner for the life of the mine. Or $10p/t for the first 20m tonnes per year produced.
There are so many ways to be creative; we can only wait and see how good the SDL teams negotiating skills are.
:)
SDL Price at posting:
51.5¢ Sentiment: LT Buy Disclosure: Held
