Post by
drunk@noon on Jun 20, 2021 1:11pm
trouble with business model is cost of debt to carry
the project vs return on asset isn't that large when you have to finance at 6% plus interest rates. Though in constant dilution for equity and it doesn't make that much sense with such a small spread between cost of holding projects and the cost of financing them.
i.e the spread between reoccuring rev from projects-costs of building and maintianing projects and the cost of financing these projects is a stream which you then apply a NPV.
Comment by
BCdude on Jun 21, 2021 3:30pm
Nicely explained, Alleysonme.