CVN 0.00% 19.5¢ carnarvon energy limited

The pot of gold at the end of Dorado, page-191

  1. 698 Posts.
    lightbulb Created with Sketch. 102
    $95M approx currently in bank.
    Less $48M previous balance
    Leaves $47M nett from CR at nominal $50M

    Ignoring rounding errors and ongoing costs, a non-underwritten CR costs 5-6%.
    Is that cost what I should expect?
 
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