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dreaminbig

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dreaminbig

Re: None

Friday, 04/20/2012 5:05:33 PM

Friday, April 20, 2012 5:05:33 PM

Post# of 312015
Since they didn't break out the 10K revenue I used 40% waste based on the 10Q for 9 months and added 34% to production to get the following:

Production 2816 barrels/118252 gallons

Revenue of $173,065.00 = $61.47/barrel or $1.46/gallon

Cost of sales for the P20 division from 10K

$222,992.00= $79.20/barrel or $1.89/gallon

Losing money.
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