Well, regardless
Roughly 2.5 million is peanuts for the machine considering how much revenue can be derived from just one machine. This may explain why the JV may pay for itself within the first month of use. These sonocrackers are fairly cheap. People just have no idea yet. The ones that bash SUF now are the same ones that will be buying higher because it will go much higher.
I read the DD summary again, and what I put together, 70/30 or not, even at 1.00 to 1.50 per barrel off the top still is not bad. There will be so much crude moving through the machines the money will be piling up quickly.
Also, Total is still testing the machine right? One by one we will see companies wanting to try this technology. The question is why not? Why not see if our 1,000,000 dollars is barrels of oil can be squeezed into 1.2 million. The opportunity cost for a company NOT to use the sonocracker wil be far greater than the investment itself.
Just my 2 cents for the day
The company is building itself very quickly now.
Good Luck all
Matt
