STX strike energy limited

Ann: Appendix 3Y - Neville Power, page-57

  1. 5,637 Posts.
    lightbulb Created with Sketch. 1029
    If power generation was so profitable every major would be tying up capital do to it.

    Say it cost them 180mil they need to pay back 12percent interest and probably make 40-50mil a year ? That's nearly 5 years of capital just to probably break even.

    Who know's what the world will look like in 2031 so you are banking on this peaker plant still being highly profitable past that date before STX is actually making a 'real' profit from it. But it doesn't matter for STX staff as they will still be making their million dollar salaries in the meantime.
 
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