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Re: maddogs post# 35345

Friday, 08/05/2011 2:15:16 PM

Friday, August 05, 2011 2:15:16 PM

Post# of 35633
yeah they do, however i don't think anything is going to come of it, the contract they announced yesterday is absolutely massive, I reckon they could put up at least 300 processors on this contract alone, these processors are about $600k each, the company will own and operate them, they produce about 109 barrels of heating or diesel oil a day, cost per barrel is $10, they can sell that according to their letest sales contracts for $110 per barrel, $5 mil in cash on their books and no debt, 67 mil shares outstanding, looks like huge potential to me.

GLTA.

A.H

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