PAX 0.00% 1.2¢ panax geothermal limited

Rockist,Just one point. Any reason why your analysis is premised...

  1. 4,662 Posts.
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    Rockist,

    Just one point. Any reason why your analysis is premised on the funding being all equity rather than all finance or a combination of the two?

    If one accepts the published project return analysis and one assumes finance will be provided at a reasonable rate (factoring in project risk), it could be funded all by finance.
 
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