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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: John Crovelli who wrote (6245)	3/26/1998 10:43:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 11708

John--I don't know those specific dumping costs. Remember, though, the Hackman Report said the 10 to 30 /barrel range. Maybe I'm cheap,ignorant, or both but I still have trouble believing it's more expensive to dump a barrel of chicken fat than it is to buy a barrel of North Sea crude. That's why I played very conservative and used $5 /bbl when I did some estimating...which still produced awesome numbers for one well at 14,400/day!!! But then if a barrel of chicken fat comes from thousands of chickens at the local BBQ, they may not view these prices as steep. But at 50,000 bbls/day, that's a lot of chicken fat and lemon juice and the like. Let's see what the numbers for this first contract look like. TG