costings v production, page-54

What do you mean by "Production estimates can be calculated using an energy argument." ?

I think once SGS has completed the validation it should be pretty easy to work out our production estimates and profits when we are in full swing.
Far easier than speculating and hoping for good drilling results.
SP goes up on Spud, floats about during drilling goes up nearing completion and crashes back down when the U Bomb (uncommercial) gets dropped in an ann.
It costs money every time you drill a hole, no oil/gas no return on the money.

With AEB it will be more like, we have (X) containers producing (Y) barrels of algae fuel or biomass per (T) timeframe at a cost of (-) which gives us a profit of ($) and that ($) increases with every bio reactor that gets put into service, every time a client signs on the dotted line we can be pretty sure our profits will increase.
First Lufthansa, Holcim, and Shandong Kerui Group Holding Ltd (these are just the ones that we know of that are showing interest) will get the ball rolling for AEB, then who knows, Us military and the entire EU is thirsty for Biofuels that are not made from food crops and have already drastically reduced the amount of food based biofuel production.

Not a get rich quick scheme but a plan to get wealthy in good time.

Roll on the SGS report

Strider