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Re: maybe_this_time post# 31084

Friday, 02/11/2011 11:06:57 AM

Friday, February 11, 2011 11:06:57 AM

Post# of 35802
The real revenue potential for Texas and the mobil processing units is still unknown, but assuming we can annualize the December revenue (which seems fair for now considering oil has been trading around the same levels and December was expected to be one of the slower months) GRNO should be able to generate between $6 & $7.2 million in 2011. We should get a better idea of whether December was a fluke or part of an overall trend if/when they release Jan figures (I believe it will be part of a developing trend). And that's if oil stays in the high $80s. If things in the ME destablise oil could easily trade well above $100 and that only enhances GRNO's earning power. Any additional revenues from Texas or the mobil units is gravy.