RE: A question to the wise reguarding net backsRe catalyst life, if my understanding is correct, the intent with CAPRI is to gravel (catalyst) pack a portion of the horizontal leg of the production well. Catalyst life in downstream processing facilities is typically one+ year (FCC, hydrocrackers, etc), so if they get a year's run before having to "rework the well", in this case shutdown and replace the "catalyst pack", I would think that is very attractive in terms of improved netback for producing a "syncrude" quality product. All speculation on my part until confirmed with a pilot run. That they have a three year tech service agreement with the Univ of Bath beginning next month < https://gow.epsrc.ac.uk/ViewGrant.aspx?GrantRef=EP/E059430/1 > to perform bench catalyst optimization studies tells me they're commited to making this work. Unlike other oils companies (shoot the messenger, punish the innocent, promote the guilty, etc. etc.) these folks are commited to learning from their mistakes. I believe they will ultimately be sucessful in developing CAPRI...I await the first CAPRI results from Whitesands "with baited breath", hopefully some time this Winter, as this should have a significant positive impact on the stock. :<)