Quote:
Originally Posted by DJones
I can't imagine they planned a walkout on their opening offer.
And did Bingo not take into account interest expenses? Had that question when I read it but it was more of a skim.
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His assumption was the flames offer he used was break even at a 10% NPV and that you wouldn't execute a project for less than 10% NPV. So he essentially assumed (because we don't have a good grasp of what Flames external revenues are) that the owners came to the table with a barely economic solution. So I think running the numbers on each offer with different assumptions for revenue and NPV hurdles will give us an interesting range of outcomes of where the Flames maximum contribution would lie.