unusual announcement
it is unusual to do a study on a project held for 40 years
however, based on the superficial numbers, 200,000 tonnes per annum operation x 59% bitumen x $900/t sale price = $106,200,000 in sales revenue per annum
468 Million Litres (ML) bitumen market in 2014-15, which equals 475,127 tonnes. looks like GRV might be able to produce 200,000 tonnes x 59% = 118,000 tonnes
in addition, 82,000 tonnes of other saleable products
(this link http://www.eurocbc.org/Standard Conversion Factors dti_converfactors.pdf states 985 litres of bitumen per tonne)
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