Ann: Arbitration under HKIAC, page-19

Let's say that they haven't reached there cost and there producing at 40 bux a barrel,they are producing 1450-1500 a day,let say there doing 1400,so October November the price was 40 bux they make fuk all,December prices around the 50 so 10 bux a barrel times 1400 a day x 31 days in December is still a profit of 434000,they have 3.6 million in the bank minus a million they now have to pay out,if they still have 3 million next results I think this is a good result,after they pay out they can then move on and start making big cash