TSX:CUS.DB.D - Post by User
Post by
rollonon Jan 14, 2014 10:20am
325 Views
Post# 22088648
cost overun
cost overunThe additional costs will be capitalised therefore long term debt vs. short term. Additional depreciation schedule for cash flow. Not good but not the end of the world. The question becomes how much cash will be generated by the operations when they start. Hopefully they didn't sign their agreements using the pre-cost overrun figures to calculate the contract . Now that would really be dumb.