[davidnat]

I agree. It was held 5% and 70%. Making it a consortium in C

[davidnat]

It was a consortium. Two or more companies between them own more than 75%, no one owns more than 75% and each own more than 5%. That’s the rules. Kevin you are right

[davidnat]

Negative NPV for first four years. As others said depreciation should not be in calculation. Only the tax allowable amount on depreciation which was 28% of $400k / 10 years. Think it was $112k a year

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