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l_winthorpe

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l_winthorpe

Re: benfrankledger post# 6021

Saturday, 12/30/2017 11:29:02 PM

Saturday, December 30, 2017 11:29:02 PM

Post# of 15838
I'm guessing that the bitumen refining business cost structure is very heavily weighted to fixed costs. If we see bullish moves in the bitumen market, we should see increased revenue with a relatively stable cost and thereby increased refining margins.

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