Sophs throw $150 mill at this $20 mill MC copper play...., page-259

”The EIA’s 2015 findings suggest that natural gas–fired power plants are cheaper to build with overnight capital costs ranging from $676 to $2,095 per kilowatt (or kW), depending on the technology. So between$14.2m - $44m in value just for the 21MW gas turbine power station from 6 year old valuation method.”


thanks for replying I’m not sure the turbine accounts for most of the $300m in written down asset value. I found the quote above from one of your previous posts on this thread that seems to agree.

Although even in a range of $14m to $40m it’s good to know this key asset is well maintained and operational. It’s also interesting to note from the slide you shared above that it mentions a bore water source on site were the original 47 page doc on the CR and asset acquisition dated 10/02/21 mentions one of the key investor risks being a dependency on surface water volumes and storage assets.

more reading for me to do tomorrow i think.

cheers