The Nixon Blue Dolphin plant sits on 56 acres and for what its worth an adjoining 50 acres is owned by the parent company of Blue Dolphin.
At this point those adjoining acres are not part of the valuation considerations because Blue Dolphin simply doesn't own them but I can't see how they wouldn't be part of a "deal" if the refinery had to be sold to settle their debt with GEL.
Those adjoining acres would make future expansions for someone interested in owning the refinery very doable. That may or may not mean anything material in our discussion but it does add to the mix of considerations.
We are all born ignorant, but one must work hard to remain stupid. ~~Ben Franklin
Recent BDCO News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 09:45:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 12:43:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 05:48:08 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/15/2024 09:09:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 03:35:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:15:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 12:34:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 10:01:56 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 09:43:19 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/04/2024 07:49:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 07:57:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:51:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 08:13:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 10:22:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 09:49:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 10:23:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/15/2023 02:09:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 07:26:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 05:45:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 06:56:45 PM
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