My last post got me thinking about what kind of revenue a 400MW power station would generate for CXY. My knowledge in this subject will be shown to be rusty, so I would welcome a correction of the following calculations assuming CXY own 70 per cent of Kingaroy.
400MW x 24 hours x 365 days x $35/MWh = $122.64 m per yr
$122.64 x 70 per cent ownership = $98 m per yr.
The $35 million profit would make an approximate 36 per cent margin.
Am I right?
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