I remember last year some ihub messages indicating two processors for a total of 20 tons/pay (2-10 ton processors being used at a site). Output would be 115 barrels/days. Now is the chart listing EPS/processor in your DD message for one-10 ton processor or is this for a 20 ton processor to generate 0.027 EPS?
The Niagara Falls site has one-20ton processor. I was calculating profits to be about $1.35M. 115 barrels/day X 365 days X $70/barrel = $2.9M in revenue. Thus over half of the revenue is used for operational, taxes ect. to run the site.
Just another thought enter my head. Is your EPS chart for JV? If so,then EPS might be more than $0.027 if the company owns and runs the site.
Market Data 
Markets 
AI
