Bloody hell Lex, $ your $2b always has a worth; never said it was burnt!! I didn't say it was a burnt figure.....although that $2b doesn't have a totally static value , and if you read your Ann - it says - ""upfront capital outlay""" I have posted here a couple of times, a few months ago now and even through a couple of hundred million figure on the table , even a mine plant cost website suggesting the cost of various pieces of kit and the figure I threw we're for a minimal amount of those pieces; Obvously there is infrastructure costing in there...... But your cash flow is going to be a minus probably 1.5b more than it is any + figure day 1
Your 1.4b is an added value; call it what you want to call it... Remember ; that $2 billion is not static and it includes significant Capex ; how far down have they calculated deminish end returns on the deminished end return ; only time will tell; would you pay; would you think that it's actually, really worth that sort of figure at the end.... Would would imagine someone else coming in and buying it out and getting the sort of figures back.... Again call NPV what you will fact is it revolves and is generated from another word.... If you think it's all going to close the gates and be worth $3.4 / $4 billion ..... Well go on you : /
I'm not sure that you can compare NPV of BHP to a probable one short project by a consortium ( im not taking cash size in comparison , I'm talking resource mine , or BHPs actual ability to be able to move plant from one mine, run a mine down and build another up and hence move costs across. You must be thinking that your consortium is never going to disband) when they go their own separate ways if you think that $3.4 or what ever that figure is, just gets sliced up and all wave good bye... Then you are greatly mislead Lex....
I don't think that the greens would ever consider BCE has any benefits; considering that only for BCE it would most likely remain in the ground for ever and have rabbits with grass hats running around and playing the banjo.... If it stays in the ground well there's millions of tonnes of less carbon that was never actually created bo and never touched the sky; BCE is just lignite made with a smile and the sling shot and water pistol taken out of its back pocket and replaced with a lunch box will more clean air in it, that's all..... As you say, its will be a case of deal with it when it comes down to it.... I can't see them letting the corporates have all the cake and the greens to starve themselves.... They have to be feed too...... Or else they wouldn't exist..... Like anything they will fight not to be considered a joke and to stand up for what they think is right... If they never won a fight in the past... Well they wouldn't be here today... Just under the carpet
As you say, your management do have considerable shares in the company and are prepared to take fees in shares which can only be seen as a positive and they Obvously see a path.
Anyway.... I think from the posts that bounced around there maybe some that may have benefited from it and some that may just consider my posts all craps and yours all great or whatever way who cares...but anyway
MNM Price at posting:
8.4¢ Sentiment: None Disclosure: Not Held