> that time running at 50% isn't thrown away capital expense
I don’t understand how you think capex works?
You outlay x on capital expenses to get the plant running, that’s all the plant and equipment. You run the plant at 50% it takes you twice as long to recoup your capex.
I don’t understand how you think capex works?
You outlay x on capital expenses to get the plant running, that’s all the plant and equipment. You run the plant at 50% it takes you twice as long to recoup your capex.
Always happy to be corrected.