I think that is a good approach for a discussion. However, the debt position is 1.8m external debt so we need to make sure our discussion is on facts. If you want to add internal loans that is also a good idea.
The post on all in cost and not using a cash cost. Can you please help me understand what you think all in cost is?
In a free cash flow model you are taking operating and investing cash flows (including capex) and then using a WACC to structure the financing component. Or use a Flow to equity same thing but include debt and discount by cost of equity. Or you could use APV, but in all cases depreciation is added back because it is a non cash charge (that is where the 1.8 billion in debt came from!!!!) and in all three cases you take into account cash movements not accounting accruals.
So please explain to me how any of the three methods dont take into account all costs, and why cash is not the most relevant thing.
BTW LOL in advance to your reply
GBG Price at posting:
9.5¢ Sentiment: ST Buy Disclosure: Held
