Hi NL - I am please you are confused because I am also, maybe you can help ...
The Nachu Project BFS delivers a post-tax NPV10% of US$1.69b and an internal rate of return (IRR) of 98%. Capital payback is projected within 14 months of first production.
I get post tax return of 2.5% for the money I have in the bank, is 98% internal rate of return bigger than that ? Also why is a market capital of $AU131.8Mil so much bigger than $US1.69 Billion, obviously $131.8 is a much bigger number than $1.69, so shouldn't the share price be much less than 37.5c ?
Why is it going to take so long to pay back the $US269Million, I mean 14 months is such a long time, why don't they just put their money in the bank & save up before they build the plant, then they wouldn't owe any one any money & won't have to spend 14 months paying it back.
Why do $1.69Billion & $US269Million both have 69 as their last two numbers - is it something they ate ?
Also because you know so much about Triton, I need to clear this one up. Their whole ownership thing is a bit confusing also. I am confused about the whole ownership thing between Grafex & Triton, does Triton won 90% or 100%, maybe you can help.
'In the case that Triton has achieved a 90% equity interest in Grafex and fails to complete the payments to acquire the 100% interest then Triton will maintain its 90% equity interest and Grafex will be free carried by Triton until production.'
http://www.abnnewswire.net/press/en/79178/
Thank you so much in advance.
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