RE:this is the best kept secretStill forecasting in MD&A good revenues from Alberta project when built, although down from older MD&A's which also indicated 50% ebitda margins....
At an estimated price of CDN $5.10 per gallon for Group III and escalated at 2% inflation rate per year, projected Group III revenues at the Alberta refinery when in full production is expected to be more than approximately $108.8 million per year. By comparison, the Group II revenue from that same 1,540 bpd production, at current production standards and an estimated price of CDN $4.04 per gallon, escalated at the same 2% per year, would only generate $86.2 million in revenue.