ETM energy transition minerals ltd

Sweetie don't get upset I have shown you the figures before and...

  1. nro
    10,961 Posts.
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    Sweetie don't get upset
    I have shown you the figures before and you haven't been able to post anything to show that they're wrong
    you said that the project cost 50 million about seven years ago right?
    You also said that you have to spend a minimum of 4 million a year right?
    Now if you have 50 million in a project that's 50 million you could be getting interest on elsewhere for 25 years right? So that's a loss isn't it? Even if we averaged at half for interest on 25 million over 25 years
    So that's 50 million plus 28 million plus $31,250,000 over 25 years
    $109.250.000
    I've basically taken another 10 million off because I like you

    So we agree the cost has been 100 million and the sale price was supposed to be 205,000,000 but unfortunately when you lose 90% of that you end up with about 25 million

    So basically that's a loss of 75 Million dollars

    So what you received was about 25 million and what you spent was 100 million so you literally lost on paper $75 million

    However if we include the loss of value in shares that's going to be around 175mill loss
    Now I'm very open to listening how this was wrong but if you just claim in a huffy it's wrong Without saying anything else or giving any evidence or anything and stomp off You're just going to look like you're having a tantrum because the figures are correct aren't you?
    Be a man or a woman or whatever you are but just try to show where you might be correct rather than running away and saying it's all too much

 
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