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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Feb 11 4:00 PM EST

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To: Jimmy A. Croom who wrote (634)12/23/1996 7:34:00 PM
From: Charles A. King   of 13091
 
What I was referring to is buried in post #614 where I take my 4 cent royalty calculation times the 0.7 factor. If you are talking about earnings from the actual processing of oil, well that is more nebulous because that depends on the actual cost of getting feedstock to the machines and the actual sales dollars realized of the end products minus the actual overhead costs of the company.

I guess my interest in these calculations has led me into a morass of suppositions. We can take stabs at numbers, but unless the numbers we use are carved in stone as with the ReCoil deal, we are only guessing. Diesel fuel and heating fuel may be more or less equal in price for guesswork purposes of next year's earnings.

Charles
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