RE:RE:Liberty 55 QuestionsI thought about using the EV, decided against because I felt that an investor would only be interested in knowing "How much money do I have to put up to buy this thing?"
The other option I considered was doing an IRR on the $1.9B COS spent on the upgrade. What I thought was to assume the current low production rate of 275 kb/d. The question then is "What is the benefit of the expenditure. I thought that I could assume that it would increase production to 325 kb/d. The question then becomes what price for SCO gives an IRR of 10%. I still might try this to see how different the answer might be.
As an aside, now that I've posted all of the costs, which ones would fit into your definition ll up costs and what would it be.
Namsoc