GREY:CLLZF - Post by User
Comment by
strzelinon Dec 22, 2010 4:10pm
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Post# 17884865
RE: Honest Investor
RE: Honest InvestorHola,
Feliz Navidad ... to all CLL shareholders.
In regards to your question........how much would it cost to add/install a third SAGD unit of say 10,000 barrels per day?
As per CLL Algar Expansion Project Application estimated cost is $25,000 per one barrel of Bitumen a day.
Add 10% for unexpected and you will have your answer( 10,000 X $25,000 = $250 million + 10%).
(Expansion is less expensive then the new SAGD unit).
Proposed ( for 2012) 24,000 bbl/day expansion will cost over $600 million.