GREY:GDPEF - Post by User
Comment by
LeftBookon Feb 26, 2019 12:07pm
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Post# 29414618
RE:Wouldn't sell all of RCG for less than 50 million
RE:Wouldn't sell all of RCG for less than 50 millionBy my calculation you want book plus two years of production.
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Sept 2018
book value $13.0M
year 1
CCF $10.715M
Taxes $3.554M (covered by tax loss credits)
year 2
CCF $13.195M
Taxes $4.201M (covered by tax loss credits)
$3.5M NPV tax loss credits remaining of $20M ($6M otherwise)
adding it all up $48.2M
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Notes:
pg 207 PEA
CCF is cummulative cash flow
Taxes are covered by taxes loss credits