If the oil refinery can process 100,000 barrels per day. What sort of profit do you think it is reasonable for such a faciclity to make, $1-2 barrel, if correct would be a stack of money, say if it is $2, you are talking $750 m per year profit. As we all know we have no details on anything, such as financing or CVI's %, but we are talking seriously big money. Seems to good to be true that such a tiny company is playing around with deals that are largely taken up by large foreign multinationals.
Any thoughts on this?
Scott
CVI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held