RE:RE:RE:halted The US refinery at 5600 bpd is 3.6x larger than the Alberta refinery which is forecast to do $109 million/yr at 50% ebitda margin.
Still 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.
lscfa wrote:
Was the size of this US re-refinery prevoiusly disclosed? 78 million gallons/year
TurtleDove wrote: Although not the SM, this PR is very positive! Firms like Koch dont get involved on a whim.
You have to think announcement of SM deal is any day now.
GLTA