Just seen the East Coast Presentation..
Love the eco-friendly benefits, and the no drilling, no applications nor lengthy environmental approvals.....But...then the slide goes on to say..
"There is no CAPEX associated with the capturing
of this energy – it is simply there for the taking."
2 slides later..
"CAPEX of A$2.5 million per MW (including all
engineering, project management and
installation) with ongoing revenue of A$1.752 per
MW linked to CPI on a take or pay basis (min. 10
year contract)."
Is this $1.75 payment per MW.... and you have to spend 2.5 million to capture each 1MW worth of energy?
So for a 100 MW facility you spend $250 million to make $175 for every MW hour of generation?
Can anyone help me out with these numbers?
cheers
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