Interesting conversation post, TenaciousD
We don't know what "huge things" are happening but we do know they are "moving fast, faster than expected".
Everyone knows that SNV has a few opportunities they are persuing, but which one delivers first???
Albania - Great opportunity, Sonic has a test site there already. This would be my obvious first guess for candidates. I read in Bankers Petrolum filings they strike a deal with a refiner in Italy to upgrade their oil. This means the cost to upgrade is a known expense. My guess is the generator has been running in Albania for over a month and everyone involved with the project has viewed the results. If the generator is working according to specs (no reason to believe it would not be), Bankers would want to get enough generators on site to upgrade all oil as quickly as possible. Not having to ship the asphalts to Italy would free up capacity and make it easier for Bankers to grow production. This would be a huge development for SNV, however, would it garner interest from general investors and not just us???? Seems like a big deal to me, but not the only possibility.
Nasser Bin Jarallah factor - this is a big unknown. Perhaps a middle east player has been brought into the equation? Having the ability to upgrade oil within a producing country as opposed to exporting it for upgrade is a big deal. A big enough deal to offer SNV a cut? Perhaps, but it would mean Wadsworth and Jarallah have been working some serious overtime... Having a cut of production would be a big deal to general investors.
Movement on the joint SNV Shell pantent - This would be a big deal that general investors would eat up. Nothing on this front has moved fast which leads me to believe the way forward will be slow and cautious. But like I said, investors would love this news.
SonoAsh Fly Ash Beneficiation - the next obvious step for this opportunity would be an Albania type test site. While this would be a good development, investors would probably view it with caution. A test Fly Ash Beneficiation would be good news, however (IMHO), it would not be news that would cause general investors to jump into the stock. I would equate it to putting a generator in Albania, nice development, but not a company maker on its own.
In the end this is all speculation. I do think Sonoro has some serious up side, it will be interesting to see how this unfolds.
AI
