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icarus6700

10/18/06 4:20 PM

#1330 RE: SuperC #1329

Temp', 250 million cubic feet is 250,000 thousand cubic feet. A thousand cubic feet of NG goes for about 6 bucks today, so we're talking about $1.5 million a year of revenues. (I think.)
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gilead23

10/18/06 4:28 PM

#1332 RE: SuperC #1329

Hitemp on revs

He is right the gas is about 1.5 million but the carbon credits and fibrous sales are about half the expected revenue. You should be looking at annual revenues of about 3 million and this should be complete in Q1 per Steve Ellis.

BTW you said the tanks have been paid for for some time.

Where did you get that? Per the 10k the property plant and equipment at year end was 2.2 million.

This project has 10 million in equipment. If the stuff was paid for it had to have been done after the end of the fiscal year otherwise those paid for tanks would have been included as assets on the balance sheet.