It is also important to remember that time 0 on the NPV is actually in 2011. This means that the 11600 is a 2011 price (not a 2007 price as stated in the PFS).
[The Flip side of this is that the NPV is based on 2011 start date, which means that - when it is discounted at 10% to today - it would be around $800 million.]
I read the article on page 59 of yesterday's AFR - it did quote Alistair as saying the Project isn't feasible at current REE prices. As somebody else already stated, this is obvious from the NPV - if you were only making $60 a year for 20 years (ie no escalation of prices), you would never pay off the $750 million CapEx. This is what I believe to be the main reason for the decline in the share price.
The most important thing to take note of - when an issue of data credibility arises - is the independent consultants who oked the report. GHD is (i believe) Australia's largest engineering consultancy firm - I doubt they would stake their reputation on inflated figures.
- Forums
- ASX - By Stock
- article from minignews.net re:pfs
It is also important to remember that time 0 on the NPV is...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $415.8M |
Open | High | Low | Value | Volume |
17.5¢ | 18.5¢ | 17.5¢ | $735.5K | 4.111M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 369592 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 929018 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3100 | 0.180 |
5 | 213708 | 0.175 |
25 | 1183214 | 0.170 |
24 | 725026 | 0.165 |
48 | 1688626 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 830878 | 20 |
0.190 | 1102583 | 23 |
0.195 | 941628 | 20 |
0.200 | 1594577 | 42 |
0.205 | 1612629 | 17 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online