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Gold/Mining/Energy : Gasification Technologies
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To: Dennis Roth who wrote (400)6/7/2006 6:20:42 PM
From: A.J. Mullen  Read Replies (1) of 1740
 
That's very impressive. It suggests a return of around $26 per barrel - simply by dividing $950 million by (34 000. barrels a day X the days in 3 years).

I wonder if there is a value assigned to the natural gas input, and if the $15 a barrel figure for viability incorporates that value. $15 + $26 is less than the current cost of unrefined oil, so I imagine the cost of gas is set on an agreed sliding scale determined by market values.

Ashley
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