PLS 5.00% $2.85 pilbara minerals limited

Trading, page-347

  1. 7,391 Posts.
    lightbulb Created with Sketch. 2720
    They discount the future cashflow. The cost of capital is almost irrelevant, as the debt is paid back in less than 2 years of cashflow. Very high IRR on this one.

    The crazy thing is a discount rate mathematically makes cashflow past 20 years almost worthless. Work that one out! It's economic tripe.
 
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