new valuation coming, page-2

finally - the finance! AZC - finally the project can move ahead. Can someone confirm total capex for the project? Is it likely to $65m or $78m? From earlier indications looks like the project should generate $23m per year over the 14 year life of the project. DCF on that basis using 10% cost of capital (given large debt component) gives a dcf around $76m or 50cps. Obviously wont factor this in until commissioning risk is negated and operational but could show decent upside.

I have held these for a long time now.

My thoughts only...do your own research etc