RE: RE: Eritrea als owes 33% of capital costsGovernment has paid a measly 25 million ... the rest is an IOU that I was trying to put a figure on. $3 to $3.50 NPV for their 30% plus 33.3% of capital costs. Leads me to a figure of $600-$700 million for the 30% plus $80 million for the 33.3% capital cost. Less the 25 million.
IOU of $655-755 million. Governement should be making an easy $200 million a year so won't take too long to pay off.