thanks for at least reading it
Yeah, its my mess... not some analyst.
Onslow Mining services EBITDA = $428 m per year; ( hopefully reach that amount, but not locked in)
---YOU: all can be used to pay off debt;
---ME: Pay for other operating expenses
other mining services ebitda, say $600 m pa;---YOU: all can be used to pay off debt;
---ME: Pay for CAPEX
Summary:YOU=Pay off $1b per year
ME= Cash flow neutral.
Difference=BIG!
Growth cap ex produces growth in future earnings,=True,
but "SHOULD PRODUCE" not WILL produce....some projects actually fail
and Mines deplete in resource, so growth capex is required to acquire replacement assets.
Anyone, I'm
not saying this is a bad investment, but you should take your rose coloured glasses off!!!
best to be open minded with any investment....and listen to others...
(20min delay)