And imo15 Apr 2019 09:29
When the breaks come off then no stopping this.
Previous rns from 2013 said this :
Indicative non-binding bids from engineering, procurement and construction ("EPC") contractors, received in June 2013, for the construction and commissioning of the 300MW power plant, have given the Company sufficient comfort on the power plant economics. Estimated annual revenues are over US$200 million per annum with average EBITDA margins over 50%. The Company is targeting a nominal equity IRR of between 18%-20%, which the Directors believe will give an estimated power plant NPV at financial close of in excess of US$200 million and estimated net equity cash flows of in excess of US$2 billion over the life of the power plant. These estimates are based on a debt to equity ratio of 70:30 and a nominal post tax WACC of 12%.