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Tanail

12/14/06 4:17 PM

#7777 RE: Tanail #7776

at $80 per ton that's 160 million in revenue for the joint venture !!!!!! That's not peanuts in anyone's book !

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siaubas

12/14/06 4:37 PM

#7780 RE: Tanail #7776

hold on people =) Don't make me turn into a basher. please do some math and carefully read the PRs before coming with these overly enthusiastic statements. To sum up:
1. academy is NOT Rosneft
2. 2 mil tons of sludge. yeah. processed within how many years? one? not likely. Two? five? twenty? what price? divide the expected revenue into expected years, then you can come up with statements like that.
3. where is follow up of Nov 14 PR? i don't want to predict, but if they don't come out with that update within a week or more news, the price will start sliding again, IMO.
4. nonetheless, the news is good, but until actual contracts are signed or proven revenues are streaming, don't expect price to skyrocket.
5. anyone here studied math before? =)