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Re: sarshee post# 133312

Friday, 07/05/2013 12:44:17 PM

Friday, July 05, 2013 12:44:17 PM

Post# of 165854
Not sure. The analysis assumes that the ongoing cost of operations is zero and that the company's full capital can be applied to the recommendations from the report. This is obviously a bad assumption. The report that was quoted contains a rate of $950/day for two men. Just a couple of employees working over three months with overhead could come to 70k easily. The cost of running the business and the cost of pursuing financing must be considered before putting the cart before the horse.