Originally Posted by
Carpenterjoe
This recent C/R has very little in it regarding costing and future costing. But I guess that is still to be completed and always changing.
Have I missed the price of construction for Jemalong?
Reading between the lines they seem confident to get finance for Jemalong, KPS, (165MW of 270MW KSP2) with 105MW to be decided later.
To get finance for Jemalong and allow for more working capital. They need more cash in the bank and are asking for another 16.2m from shareholders.
This will change the total issue to 379,914,392
379,914,392 x .20 = Mcap 75,982,878
379,914,392 x .24 = Mcap 91,179,454
379,914,392 x .27 = Mcap 102,576,885
Once finance is completed, They need Jpower to invest another 25m for more working capital, loan requirements, ect
at .20 379,914,392 x 19.99% stake = 94,978,598 (18.9m) new issue = 474,892,990 .20 = Mcap 94,978,598
at .24 379,914,392 x 19.99% stake = 94,978,595 (22.7m) new issue = 474,892,990 .24 = Mcap 113,974,317
at .26 379,914,392 x 19.99% stake = 94,978,595 (24.7m) new issue = 474,892,990 .26 = Mcap 123,472,177
In return shareholders get Revenue of 66m - 78m
The big question for me is costs,
Project costs
Finance costs
Ongoing costs