LNC 0.00% 99.5¢ linc energy ltd

The retail sum will not even be in the same ball game as the...

  1. 877 Posts.
    The retail sum will not even be in the same ball game as the return we receive. The info yo put out there yourself shows the majority of the bower price is tax. We don't collect tax.

    OCG puts their estimate at $30 profit per barrel for the producer BEFORE the producers costs - so that's $0.18 per liter (which is still 10 times what oilers make now), or $225,850,000 per year - before tax, depreciation and so on.

    So, ignoring those costs, the plant which has a 20 year shelf life will not be paid out (assuming there's no debt interest) for the first 10 years.

    None of this is to say that UCG/GTL will not be profitable, it may. But not to the tune of $1.75b per year per plant.

    The point has always been that until be see some project economics from a signed on partner and end user, we're guessing.
 
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