Some other thoughts

First about this

facility modifications would have to be implemented to fully capture and recycle the recovered solvent

Can and may they do it?Is this a high cost implementation and have they the cash to do it?Do they get approval for this ?

The news at first glance is good IMO and proves they can get better output with lower cost as well .Question is how long do we have to wait until they can get this implementation done?t can eventually count on a higher company value in terms of take over.

Mayber another possible good news that we could get is about the conventional oil play.If they can prove they have good reserves up there then this can also contribute for a better sp.

They are speaking also about awaiting better economic outlook if they will go forward .

So all by all this news is not bad but right now how must we interpret this?

IMO the buying from insiders at levels around .40 is not bad at all.They knew this sp is way to low.

If Europe shows a decent approach markets could go for some better performance near end this year and after.oil will follow.

A CLL sp rising to its levels like in first part of this year is possible I guess.

If we see that current sp is at levels like it was before we even had pod one built and we now have 2 pods running and a possible good sollution for a better output with lower SOR then it's some strange to see that this sp is that low if you see that in the period 2005 till 2008 sp was in the 3 to 5 range .Of course since then shares are doubled.

What's the main opinion about this here?