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Rawnoc

07/08/11 3:43 PM

#118243 RE: Artiztic1 #118240

It depends how they expenses the costs to produce the fuel. Inventory at the end of Q1 was listed as ZERO even though fuel was obviously produced.

I've seen other oil and gas companies consistently carry a zero figure for inventory even though they had some tankers full at any point in time, and I didn't understand it but it is what it is. One thing for sure -- the feedstock inventory for be at or near zero because it's free.

BRIG_88

07/08/11 3:48 PM

#118245 RE: Artiztic1 #118240

Yeah i noticed you only have positive things to say about JBII.....

LazySusan

07/08/11 3:53 PM

#118248 RE: Artiztic1 #118240

Just out of curiosity, how would you see the inventory of oil showing up on the next Q?

Inventory shows up as a "cost of inventory" line. What do you think the cost of that inventory will be?

I'm thinking $0, therefore, no line in the Q.

Thoughts?