rodlin. we were told there is one price $16,000 a scuff. and trying to use confidentiality agreements as for keeping investors in the dark is laughable. if i am taking 10 scuffs a week and you are only taking one i would be expecting to get them cheaper. do you not get it, how can you invest in something that you have no idea what the mark up is. are they making £1 a scuff profit or £1,000,
lutonnews good morning. i agree with you condensate is a big money spinner. but 10 scuffs of gas at $16,000 each comes in at $160,000 a day. condensate would add an extra $13,600. i don't want to be making next to nothing on selling the gas just to be getting to sell the condensate. if this is the case the project is not worth the money spent on it. so unless we know what price he is selling the gas to customers we are supplying the gensets to.and a overall costs, its impossible to really know if its a good investment here or not. ATB
oldtimer. well foo has always just made it up as he goes along,i hate to say it but i think jim has the same problem. the problem here again is foo opens his mouth and we are left knowing no more, and needing to ask more questions. also i notice he says 40-50-60p after consolidation.gee not much of a spread there. so he is putting a pre consolidation SP at between 1p and 1.5p. there he goes again,filling share holders with confidence that he is working on getting the sp down again.
Morning voger. I beg to differ. All part of the equation re how much revenue from each scuff produced . Helps simple calcs to be made when working out overall profitability on production after taking off a % for operating costs and overheads. Once the power stations come on line the total revenue from the condensate will be very significant indeed. More a company maker than just icing on the cake I would say. ATB
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