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Rawnoc

07/13/13 7:06 PM

#234428 RE: OverDraught #234414

He, just like NYSE: SAI, only claimed $10 a barrel costs with large volume production.

During small volume production, costs have been coming down significantly on a per barrel basis to the point where claims of "negative gross margins" are now bullshit claims.
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Rawnoc

07/17/13 6:30 PM

#235059 RE: OverDraught #234414

Now we are to believe he can make "in-spec" fuel for $1.73 a barrel?

If that is really true, how do you explain the negative gross margins?



Like I said....

The negative fuel margins as of last reported quarter, which is the quarter of $1.73/barrel, is bullshit.