1, how much do Copahue Project cost ? Announcements --> raise $134m for Copahue Project vs Latest Presentation --> ~100mil capital cost
"Senior Debt accounts for 60-70% of the total project capital cost" so 86mil account for 60-70% --> 123m-143m
2 how much assets ? assets = $134m + whatever they have now = ~150mil debt = $86m senior debt Equity = 150-86 = 64m Debt:Equity ratio = 86:64 = 1.31:1
3, what is ROE % ? --> Profit before tax is 23mil on presentation --> NPAT is 15mil on latest presentation --> Total Capital possible around 150 mil (base on asset)
should I use profit divide by equity ? or assets ?
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so..It is $134m investment, yield only $15mil net profit per year ? (for 30 years)
doesn't sound good to me
EHR Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held