In a power point presentation, Chairman Dunevant challenged the numbers released by Alcoa last week as to their options on the table, particularly the $1.2 million financial guarantee from Alcoa to Stanly County should the 450 Clean Tech jobs not materialize. Dunevant pressed the value of this guarantee over the life of the 50-year license, asserting that Alcoa had not factored in depreciation. Dunevant contended that due to inflation that amount would be worth only $500,000 by the year 2020 and just $188,000 at the end of 50 years when the license would again be up for renewal.
The Time Value of Money - 0 views
» Blog Archive » Commissioners Hear Debate Over Yadkin Project - 1 views
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On the flip side, Dunevant said that Alcoa’s profits from dam revenues would grow at a 3.15% inflation rate from Alcoa’s reported $25 million per year to $114 million at the end of 50 years.
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“I hope you got that… $1.2 million down to $185,000 and $25 million up to $114 million,” Dunevant stated.
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Time Value of Money Calculator - 0 views
Risk and Return - 1 views
Digging Deeper With Diigo - Education - 0 views
Alcoa must agree to environmental investigation » Alcoa News Updates » The St... - 0 views
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Now that Alcoa has announced the permanent closure of its Badin Works smelting plant, the company must allow for the proper and necessary environmental investigation of the site before it runs away with profits from our water and leaves us with a toxic mess.
State Seeks Return of Yadkin River Flows, Hydroelectric License to People of ... - 0 views
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Perdue: ‘Invaluable Natural Resource’ Must Be Managed for Public Good
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Perdue: ‘Invaluable Natural Resource’ Must Be Managed for Public Good
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Perdue: ‘Invaluable Natural Resource’ Must Be Managed for Public Good
Reclaim the Yadkin for N.C. - Other Views - NewsObserver.com - 0 views
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