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5,477 Posts.
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29/10/18
16:06
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yeah that's what I thought DB76. Cash on hand by Sept was $57 mil. Mayb, they'll do a CR later, just like what COE & SEA did with their projects.
If u use $250mil as the total Costs & USD150mil is Debt financing then the rest 100mil should b funded from Equity.
That makes the debt to equity ratio of 60% & 40%. Cost of debt is 6%.
Question is whats the cost Equity & the final WACC for the project's NPV ? Was this answered by Ian in the conf call ??
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