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Re: Net-Man post# 20208

Monday, 01/16/2017 11:15:12 AM

Monday, January 16, 2017 11:15:12 AM

Post# of 58072
25 year life of ship, yet you depreciate it in 6 years? Then make it look like the deal is negative? How about rerunning the numbers to reflect the true numbers of $3.2 million depreciation per year over 25 years?
Debt payment on $200 million is about $17 million per year, revenue from 4 Ships is $40 million.
Then revenue from all other ships looks good, because the 4 Ships are paying the debt.

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