NXS 3.85% 25.0¢ next science limited

Maelstrom, I'm not saying that Crux is not economic. What I am...

  1. 2,784 Posts.
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    Maelstrom, I'm not saying that Crux is not economic. What I am worried about is how NXS will fund US$650m? There will not be more debt funding. This either leaves a massive equity raising, or they will have to give away a big chunk to be free carried.

    Good point about prepaid tariffs.

    If you include the cost of debt longtom appears to be unprofitable.
 
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