UNV 0.00% 16.0¢ universal coal plc

artificial market, page-25

  1. 3,244 Posts.
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    wrong. its profitale year one

    3 years to payback capital

    these are different things and you are confused

    debt on mining projects drives return through gearing, WACC, kE>kD

    hence why BHP, RIO, use debt as gearing

    being debt free is not the point of profit

    all businesses use debt
 
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