Turn the project into a private IPO and see how many investors will dig deep.
Exactly.
Private investors line up when think something will be profitable. And stay away when they don’t.
Private investors do Due Diligence. Government hacks do a study. This graphically demonstrates the difference between the two.
Usually these “analysis” ignore the capital construction costs.
None. With a layout of $2.4 BILLION and an expected profit of $10.4 million, the rate of return is less than 0.5% annually. You would be a fool to sink that much money into it.