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Money is cheap at the moment, this looks to have 150M invest for...

  1. 690 Posts.
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    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.


 
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