Jurek, thank you for your calculations. You are correct in that many of the numbers for July/August/September are known therefore my question should have read third quarter estimated cash flow rather than third quarter predicted cash flow.

Net Cash Flow in the range of $0.16 to $0.19 per share looks like a pretty good number. How do you think the numbers will be for the Montana Refining Corporation (MRC)? Will MRC be showing a loss and not contributing to the Net Cash Flow?

I am assuming that now (fourth quarter) with the large drop in the price that its costs them to buy Bow Valley Crude to process, that the crack spread has widened in favour of MRC. Do you agree at this point in time? Is MRC likely to be turning a profit and contributing to cash flow for the fourth quarter?

Cheers; Scott