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Re: poster44ny post# 11057

Saturday, 05/05/2007 12:40:47 PM

Saturday, May 05, 2007 12:40:47 PM

Post# of 21275
Good point. I read where the retort plant was going to be in operation this quarter. Also, when you scroll down the 2006 financial page under the Accel Energy website, we see the following revenue picture with the retort revenues....HUGE EPS from that and it's not shown.

Projected Revenues with Retort plant....

2007 - $111.9 mil

2008 - $242.3 mil

2009 - $362.7 mil

And no more than 60 mil o/s shares for those years.

Maybe your post earlier in the week suggesting a PPS of $20-$80 is more like it. Obviously, with a higher PE multiple than 10. smile

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