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You're correct. There were some errors in my calculations in...

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wombat777

11,249 Posts.

29635

20/10/17

08:49

Post #: 28053348
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Originally posted by Aussiekev ↑

Hi Wombat,

Just looking through the calculation sheet you did for revenues and final profits and am curious about something. Using the one form the 9th October and looking at USD $100/ct

I am trying to work out a few things.

Revenue of - $28.1M USD
Operating Costs - $8.4M USD

Now the next is where it starts getting confusing.
This to me leaves $19.7M USD ($26M AUD)

Now it seems to me that from there I get confused.
From this $26M AUD you have $14.1M allocated to Mustang, $7.6M to SRL and a further $11.2M to The loan payment (all in AUD)

The sum of the parts seems greater than the whole there. I may have missed something though. (possibly I have missed something on where the loan is effectively funding itself)

But then we move further on and something else seems amiss.

For Mustangs cashflow it looks like you have taken the $14.1M AUD figure and made that $14.1M USD.

Which then further throws the calculations out down the line.

Can you explain that to me?

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You're correct. There were some errors in my calculations in terms of selection of data calculated within the model.

Hopefully I've addressed your queries with the update:

See https://hotcopper.com.au/posts/28053291/single

MUS Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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