Useful posts. Guess that has helped the sp this week. That and the strange competition between the biggest buyer and seller!
21 Days to Go
Fyi (CDN Post by fircracker74) Link: http://www.stockhouse.com/companies/bullboard/t.caz/caza-oil-gas,-inc?postid=23058487 21 days to go If y can wait just 21 more days you will be well rewarded. CAZA should report on November 13 revenues of about $8.8M and a NET PROFIT of about $2.4M IMHO. EBITDA should be about $4.8M which is $3.3M more than what is needed for debt service. This should change the market's perception of CAZA ................................................. Cheers Have a Good Weekend Best regards Long from Across the Pond
The Pullback In Oil Stocks Is Just
fyi The Pullback In Oil Stocks Is Just Another 'Buy Cheap' Opportunity ................ http://seekingalpha.com/article/2594335-the-pullback-in-oil-stocks-is-just-another-buy-cheap-opportunity .................... Best Regards Long from Across the Pond
Well, yes, DT, they probably would riot and so should the people of the UK - it's outrageous that the majority of the cost of a litre of petrol is tax in this country, and then to add insult to injury they add VAT onto the price! You couldn't make it up! And yet the people of Rip-off-Britain simply accept it...
RE: crude oil v cooking oil
heh heh Tide, there would be rioting in every US city if they were made to pay your $1.96 /litre about $9 a gallon. About 6 weeks ago I was reading people's comments on Seeking Alpha about how everybody from Obama to the big bad oil companies needed to get their act together as gasoline was getting too close to $4 gallon and it was outrageous. Its about $3.2 gall now say $0.7/litre , 45p litre.
crude oil v cooking oil
it is aprox 297usd for a barrel of kTC cooking oil. Crude oil is aprox 80.52usd. After refinement for eating purposes, I would guess that (if petrol is aprox 1.96usd for a liter then that would suggest a premium of (50cents (for 1 liter of crude oil) minus the selling price of petrol 1.96) 1.46usd. so using the same calculations the edible oil would be aprox 2usd per liter. Not bad considering that KTC cooking oil is 1.86usd per liter. Cooking oil in this context is making alooot of profit.
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