just in regards to profits last yr - they actually dint make a profit from selling oil - it was gain from fair value of derivatives of around $12 million - god knows how much gain from value they can show this time - i picked up a big lot @.14 yesterday. i think da crash is due to fall in oil prices and also stop in production - but i really agree with some comments of sandy - management isnt doing enough to promote - its been so long but still no JV Partner - why? no one interested or something else? does anyone knows when will the results be annouced? or is the year end dec 2009?.. imo oil will travel down to around 51- 54 and then rally back to $75 in less than 3months.. good luck all!!
getting smashed, page-32
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