Thanks for posting the link. VERY up-to-date slides.
Did anyone have an easy to understand way to clue me on slide 42 ? specifically why equity funding of El Gallo 2 has such a high percentage cost ? or for that matter why it has a percentage cost ? which I take to be annual rate of cost (interest) since the 7 or 7.5% given for debt financing is likely a statement of annual rate.
The main thing I found lacking in the presentation that could have made financial appear better would have been a line for revenue from San Jose on slide 40 to show the gap repatriation of revenue from Argentina could fill. Also I was hoping to see something showing rate of completion of El Gallo phase 2 if funded only by revenue from El Gallo phase 1 (or is that what the gold line on slide 40 is addressing, that by doing nothing outside of Argentina except El Gallo 1 production the company would consume from rather than build treasury?
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