lnc vs mee vs cxy, page-3

Did a whole bunch of NPV calcs today on LNC, MEE and CXY.

Based on my calcs with 15% discount rate, 15% WACC, 80 $/bbl selling price the LNC should produce diesel at a cost of 26 $US/bbl. So there's a huge margin in this process if it works. This gives NPV of $4 a share.

Of course numbers are dependent on range of assumptions but I think they are reasonable. In line with BBY estimates (who assume a more conservative 50 $/bbl diesel selling price).

So lets hope it works!!!!!!