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0.00% 16.0¢ universal coal plc

artificial market, page-25

  1. presto72
    3,228 Posts.
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    24/05/13
    16:12
    Post #: 11806570
    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
    UNV Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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