Peruvian expansionWhat do people think of the economics of borrowing money at 8.75% with earnouts to the sellers starting at 15% equity?
Overall , the company seems to have a repeatable expansion process if this works as well as Peru did .
"Current shareholders of Navitas will receive certain payments in the event that, after having achieved Project completion, the cash flows generated by the Project exceed certain minimum defined thresholds. Such thresholds are based on Polaris generating a minimum return of 15% of the equity committed to complete the Project."