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SEBASS

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SEBASS

Re: EquityPlayer1 post# 399

Tuesday, 05/31/2005 1:57:44 PM

Tuesday, May 31, 2005 1:57:44 PM

Post# of 1048
NO NEWS ON ANNOUCED MAY DELIVERY !!!

Well it's end of May. May 31st to be exact. Where is the news about announced delivery ??? What's the deal. Also what are you thoughts guys on managment ? 2 execs only and who are these people. Nothing really know about them. One chinese dude other who knows. Any input appriciated.

The contract is for 6,690,000 metric tons of fuel oil to be delivered within a 37-month period and will begin with 30,000 metric tons for the first 3 months and 200,000 metric tons monthly for 33 consecutive calendar months thereafter. The first delivery is scheduled for May 2005. Present day market values the contract at approximately 1.5 billion USD with the price based on Singapore Platt CIF China. Details of other terms and end users will be released prior to the first delivery.

http://biz.yahoo.com/bw/050328/285329.html?.v=1




And as Jack always says: "You can't handle the truth! Son"

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