OKi thought i would try to be more forgiving on CPL by...

OK

i thought i would try to be more forgiving on CPL by increasing the debt financing to 67%

but it does not help very much because CPL have so many shares currently on issue

so reducing the CAPEX shares from 150m to 100m at the $2 cap raising scenario does not really help

but at least it raises the optimal capex placement price to $1.30 from the previous $1.20

imo, the current CPL share price is too high for an attractive takeover but who knows? one cannot predict takeovers

CPL does have a long mine life

i probably see the CPL share price tracking side ways for a while given it is too high at the moment

so, i reckon EOC is the best punt

regards

DYOR