GREY:GDPEF - Post by User
Comment by
LeftBookon Jul 04, 2019 5:19pm
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Post# 29887872
RE:RE:RE:RE:RE:RE:******RCG. ICMBAIN******
RE:RE:RE:RE:RE:RE:******RCG. ICMBAIN******
the tax credits offer significant breathing room to Dufferin
Dufferin has an NPV of $89.2M
Let's say that the project goes badly and only makes $68.7M post tax.
The $20.5M of tax savings results ensures a final gain of $89.2M for the shareholders.
The tax credits de-risk the project by 23%