Quote:
Originally Posted by Bingo
I can look at it, but I really disagree.
My work has 10% as the absolute line in the sand, and 15% a pretty recent memory for oil and gas capital.
These guys have huge investment opportunities in front of them with big returns, tying up their capital would need a pretty base return assumption or it's not worth it.
Remember this is the rate that future cash flow is discounted not a return on investment.
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Understood, but is your model solely intended to be a 'Flames case' or could it not also be a taxpayer or community case representing some reasonable negotiable scenarios?