This might help to clarify what I am rambling on about.
'Project Funding
MMC announced EPC pricing of US$ 1.42Bn. We estimates total project capital costs about $2.0Bn. The EPC contractor has arranged, subject to the completion of the FS, for project debt for 70% of the total, or c. $1.4Bn.
We understand that the PNG Government is preparing to exercise its right for a 30% JV share, for which it must pay its share of the historical costs, or about $50m.
We assume that MMC sells a further 25% stake in the project for a small discount to the NPV, which is more than 2 times the value attributed by the equity market.'
This is a snippet from Phillip Capital.
This might help to clarify what I am rambling on about.'Project...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MMC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
79.0¢ |
Change
-0.040(4.82%) |
Mkt cap ! $88.47M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 78.0¢ | $291.5K | 365.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1307 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MMC (ASX) Chart |