Tuesday, March 27, 2012 12:40:49 PM
I find your estimate on the low side. Based on what the company has said in the last month with 2 processors up and running I would expect 30 days @ 200 barrels a day for 2 machines running at 2000 lbs per hour. This should equate to about $600,000 in revenue if a barrel is sold at $100.00. This amount doesn't include any production for Jan/Feb.
To come up with your estimate it would involve a considerable amount of downtime.
Can you expand on the reasoning behind your estimate.
Send me a pm if you prefer. I've been here from the beginning and think the time has come to start producing.
Thanks
RF
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