I did some calculations a while ago on how far RNE could leverage their cash on hand depending on their loan ratio. And while we don’t know the final LVR, it certainly does appear that a ~60% lend will be the worst case scenario for PV cell instillations.
I thought I’d re-publish the figures so you can get some understanding of just how far they can stretch this cash on hand.
Column 1 0 60%1 $11,710,000.002 $7,026,000.003 $4,215,600.004 $2,529,360.005 $1,517,616.006 $910,569.607 $27,909,145.60
The above figure are crude, very crude, they don’t take into account interest, overheads, nor the carry forward losses ~$250m etc.
I do however think these figures, and the 12% P.A. return for the Amaroo instillation lets us make an educated guess on what the rate of return a total portfolio of ~$28m in PV cell network will be. It roughly equates to a deal the size of Amaroo once a year, just based on the returns of between 10%-12% P.A. And electricity prices aren’t falling any time soon!
Again, these are crude figures, very crude. It’s just my estimates so I can try and put some type of a value on RNE.
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Mkt cap ! $1.146M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.1¢ | $13.03K | 8.521M |
Buyers (Bids)
No. | Vol. | Price($) |
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60 | 73221269 | 0.1¢ |
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Price($) | Vol. | No. |
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0.2¢ | 5500000 | 3 |
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No. | Vol. | Price($) |
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59 | 72559934 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 4500000 | 2 |
0.003 | 8581983 | 15 |
0.004 | 1255391 | 5 |
0.005 | 1200000 | 2 |
0.006 | 3269000 | 2 |
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