Ann: Trading Halt-GNX.AX, page-21

@mouzo how did you get your target of 100mill?

Some quick calculations for the solar project only...
50MW capacity -> 140,000 MWh annually.
140,000 X $90 (as per recent broker report stating likely range between $80-100/MWh) = $12.6mill revenue annually
CAPEX is ~$126 million (likely most of it debt funded)

So this leaves us with a project which costs $126 mill and makes ~12.6mill annually. Not a great return but not terrible either. And then theres the pumped storage project due to come online in 2019 (much better margins)

So my question is how did you calculate your target of 100 mill? Did you just multiply the revenue from the 50MW solar project by 10?