Repost of BQI high margins infoTo the longs....its why we're here :)
BQIOil Shale Numbers from
2004
HIGH GROSS MARGINS
•After refining the petrochemical feedstocks in thePasquia Hills OilShale project (see below) have an estimated potentialvalue of $84 perbarrel
• With an estmated extraction and refining costof $25, leaving a gross margin of $59 per barrel
• The components ofthe $84 estimated value, using the average price over the last sevenyears of each feedstock component, are
? Styrene #2 $47.15
Usedas acomponent for plastics, styrene-butadiene rubber and latex,unsaturatedpolyester resins, ABS resins. Major producers of styreneincludeSterling Chemicals, Chevron-Phillips, Dow Chemicals, NovaChemicals,BP, Lyondell Chemicals, General Electric Corp.
? Styrene #1 $13.96
?Naptha $14.78 Blended to make gasoline. Also used to dissolve rubberand to thin paints and varnish.
?Benzene $4.35 A component forplastics. Worldwide major producersinclude Exxon-Mobile,Chevron-Phillips, BP, Equistar Chemicals, KochIndustries, Shell andDow Chemicals
? Toulene $3.65 Rawmaterial to produce benzoic acid,used as a preservative for foods,beverages and cosmetics.. Also usedas a lacquer solvent and in themanufacture of dyes and perfumes.
?Total $83.90
PROPERTY LOCATION & SIZE
Pasquia Hills Oil ShaleProject
• Covers 1 million acres located in Central Saskatchewan,Canada
•Includes the 50,000-acre mine site containing a resource of4.3 billionbarrels of shale oil, which contain 59% aromatics, byweight. FirebagEast -- potential for several billions barrels of oil
• Project located within the Athabasca Tar Sands* (see below)
•Comprises 1,600,000 acres (2180 square miles)
• Is the largest landholding in the Athabasca Tar Sands
• Is adjacent to four World
ClassOil Sand projects, including Suncor,which have reported reserves of 14billion barrels oil with plannedproduction of 500,000 barrels oil perday
• Geologic mapping as well asdrill data confirm the same potential on the Firebag East Lands
Kinda makes your day
The price of jet fuel climbed to .95 today....GLTA - HJ