PINL:NEPTF - Post by User
Post by
gwrbion Dec 18, 2012 3:43pm
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Post# 20747089
Plant asset and insurance
Plant asset and insurance Finally a reference to insurance coverage. $20M is a good number for a start. Not sure what that includes.
I checked the Annual Report from 2010, which was prior to commencing the plant expansion. The cost of the prior plant (including lab and processing equipment) was less than $10M.
Factor in inventory and inflation, and most of the tangible loss should be covered.