Base on my studies, here is what I understand:
1, how much do Copahue Project cost ?
Announcements --> raise $134m for Copahue Project
vs
Latest Presentation --> ~100mil capital cost
"Senior Debt accounts for 60-70% of the total project capital cost"
so 86mil account for 60-70% --> 123m-143m
2 how much assets ?
assets = $134m + whatever they have now = ~150mil
debt = $86m senior debt
Equity = 150-86 = 64m
Debt:Equity ratio = 86:64 = 1.31:1
3, what is ROE % ?
--> Profit before tax is 23mil on presentation
--> NPAT is 15mil on latest presentation
--> Total Capital possible around 150 mil (base on asset)
should I use profit divide by equity ? or assets ?
----------
so..It is $134m investment, yield only $15mil net profit per year ? (for 30 years)
doesn't sound good to me
- Forums
- ASX - By Stock
- EHR
- please correct me..
please correct me..
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)