metal up oil up dow down 394 points..., page-2

alphabeta, kind of obvious isn't it

Metal up - no impact

Oil up $10 - about $10 per barrel more profit x say 1600 BOPD once the third new horizontal is tied in (this weekend) = US$16,000 per day additonal profit per day. Or $5.8m per annum. Given that they are foreasting total revenue of around $20m for 2008 then this is a significant positive

Dow tanks = may see some selling against a fundamentally improved backdrop.

Overall - probably nothing will happen :-)

Zinc