Rupe/SP3,
Nice summery Rupe. Can we say " GAME ON " haha ?
Just some rough figures :
PRE SPP/IP buy out
342 mill FP x 2.1c = approx $ 7 mill MC
32 mill oppies 16th January 2014
POST SPP/IP buy out
Assume SPP places :
200 mill FP x 2c = $4 mill
400 mill oppies 16th January 2014
IP...55 mill FP + 110 mill oppies
Therefore :
Post SPP cap structure roughly :
597 mill FP (approx $12 MC @ 2c )
542 mill oppies 16th January 2014
ESI will own the IP with approx $3.5 mill in the bank.
WEC presently has a MC of $225 mill with inferior tech.
ESI MC $12 mill. Now thats interesting !!
VC agreeing to ALL the capex is the key.
Roadshow time Kos....you now have something monumental to promote
1524 potential power stations....need some personel pronto
New option deal for Kos ?
Matmor ?
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