RE:Peruvian expansion
As long as the numbers add up, and it makes good margin, then I'm fine with the cost of borrowing vs earnouts. Are we talking about 15% annually? If the investment is 20m, that's 3m per annum before earnouts... More than enough to carry the cost of borrowing, and still pocket a tidy margin. My question is what capacity would the project run at in order to hit that 15%, and how much are the earnouts? Great news though, hoping it becomes more than an MOU!