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Re: OptionMonster post# 3191

Monday, 06/09/2008 11:17:14 AM

Monday, June 09, 2008 11:17:14 AM

Post# of 8507
You take the low hanging fruit first.

That presentation was 2006. What do ya suppose the major cost are in a mining operation? Fuel for equipment?

THey said this... " This chart shows actual and projected costs of recovering bitumen from Athabasca oil sands. Deducting processing and recovery costs from bitumen valued at $60/barrel leaves $20 to $25/barrel profit margin."
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