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Regard STANTON ( bad guy) I understand his ( house of cards &debt he just moved around is in BANKRUPTCY CRT.) Did some math & came with these figs. If he still holds 225,000000 shrs. USSE shrs AT .0300 cents shr.= 6,750,000$ That I believe is what he owes in the Banckrupcy CT. Atty. fees & ectra. ADDED. Anyone know how long BKRCY CT.Will want for him to Settle his Corps. DEPT? Just a thought/// as to why USSE Stock is holding around that price . ( I"LL WAIT IF THAT WILL DRAIN THE BLOOD OUT OF THAT (SNAKE)&PUT that behind us so we can LOOK AHEADto + + + + + $ + $$$$$$$$$$$
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Hi Parson, Good trawling sunshine.Just alittle calculation to keep the ole grey cells working.
1 tonne= 250 kilo's = 2200 lbs I will take the 2004 figures from the article leaving out the 5 tonne of fronds,1 tonne of palm trunks which would need to be shredded etc I think, and also the efluent is another process etc. So leaving those to one side here we go. Biomass left for each 1 tonne of palm oil produced empty fruit bunches = 5 tonnes press fibre = 1 tonne palm kernal endocarp = 0,5 tonne palm kernal presscake= 0.25 tonne total = 6.75 tonnes Malaysia produced in 2004 14 million tonnes. Biomass = 6.75 x 14 million = 94.5 million tonnes that works out to 2200 lbs x 94.5 million = 207,900 million lbs this is getting rediculous. the USSE figures for fuel output using soy bean spoilt etc as 5 gallons/bushel and the figure for bushel based as 60lb not 55lb. so the figure for bushels of biomas from palm oil is 207,900 millions lbs / 60lbs = 3,465 million bushels 3,465,000,000 bushels. We don't know at this stage what the out put of fuel is from palm biomass is as yet.If and a big if, it is the figures are similar to our feedstock that we know about.NO WONDER THERE IS INTEREST IN USSE PROCESS,from that part of the world. I know I am playing with these figures the fuel produced would be staggering 3,465,000,000 x 5 = 17,325,000,000,gallons. I have not yet mentioned the fertiliser 20lbs/bushel my calculator is beginning to sweat. 3,465,000,000 bushels x 20lbs = 69,300,000,000 lbs of fertiliser. I can't begin to think about adding in the biomass I have left out. With an output like this the deserts could be fertilised,power provided for desalination plants,to provide water. Could the deserts bloom,more agriculture,no food shortages? I think we are in at the start of a new age. It might seem high flown to some but just think what is possible. For the the more earthy of us, we all have invested for profit and dollar signs must be starting to flash,I am happy to watch things developeand ignore the doomsday merchants, and enjoy the ride. No wonder you were dumb struck Parson thanks for posting the info good fun ain't it.Folks we have a lot to smile about so keep at it, smiling that is. GL |
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Nice Find Parson
this is what I liked about that article
Domestically, Malaysia is preparing to change from diesel to bio-fuels by 2008, including drafting legislation that will make the switch mandatory. From 2007, all diesel sold in Malaysia must contain 5% palm oil. Malaysia is emerging as one of the leading biofuel producers with 91 plants approved and a handful now in operation, all based on palm oil.[ This is where USSE and SSTP let this company stay ahead of the other companies! With JR getting a larger amount of fuel from soybeans then anyone else ---if that is the case with all feedstocks then this is a HOMERUN! |
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Talk about yer New Math!
Hi Parson, Good trawling sunshine.Just a little calculation to keep the ole grey cells working.
1 tonne= 250 kilo's = 2200 lbs I will take the 2004 figures from the article leaving out the 5 tonne of fronds,1 tonne of palm trunks which would need to be shredded etc I think, and also the efluent is another process etc. So leaving those to one side here we go. Biomass left for each 1 tonne of palm oil produced empty fruit bunches = 5 tonnes press fibre = 1 tonne palm kernal endocarp = 0.5 tonne palm kernal presscake= 0.25 tonne total = 6.75 tonnes Malaysia produced in 2004 14 million tonnes. Biomass = 6.75 x 14 million = 94.5 million tonnes that works out to 2200 lbs x 94.5 million = 207,900 million lbs this is getting ridiculous... >>>>>>>>>>>>>>>>>>>>>>> Yes Gloworm, that's why I went slack-jawed. You went the math route--great work btw!-- I just imagined myself standing at the foot of the "Rocky Mountains" of Palm biomass leftover. You're absolutely right! "No wonder that part of the world would be interested in Rivera's Process." This is 4 eeker! ![]() |
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BP bullish for the alternative sector
BP is expecting to spend some $1.5 billion in Alternative Energy this year, said BP chief executive Tony Hayward yesterday (26th February) during the company's annual strategy presentation to financial analysts. The figure, he explained, is a front-end acceleration of BP's longer-term $8 billion plan to build a new business, based chiefly on solar, wind and biofuels and offering significant growth potential as world demand rose dramatically for low- or non-carbon energy.
"We intend to grow this business predominantly for its equity value," said Hayward. "Taking stock market valuations for similar companies, we estimate it is already worth between $5 billion and $7 billion. As we go forward we will be looking at how best we can realise that growing value for our shareholders." Later in the presentation Vivienne Cox, chief executive of Alternative Energy, explained the breakdown of the groups valuation with the estimated value of BP's solar business being between $2.1 billion and $3.9 billion and its wind business between $1.8 and $2.1 billion. Including the gas-fired power generation segment of the business, this gave Alternative Energy a value of approximately $5-$7 billion. Despite the seemingly large investment in the biofuels sector during the past year it wasn't flagged as a significant part of BP's Alternative Energy valuation. Overall, Hayward confirmed likely capital spend for this year at between $21 billion and $22 billion, up from $19 billion in 2007. Some $15 billion was earmarked for upstream, $5 billion for downstream and $1.5 billion for the other businesses, including Alternative Energy. Divestments were estimated at $1 billion. He said the rise reflected a mix of sector inflation and growth. Gearing would remain at 20-30 per cent. In conclusion, Tony Hayward said: "We have made significant progress at BP over the past ten months, quietly and without fuss, in resetting essential context, in establishing sound, practical objectives and beginning to deliver them. "Our asset base is high-quality; our task - on which we are already vigorously in action - is to improve how it operates. We have a workforce which, as it is increasingly freed of unnecessary complexity and overhead cost and given clear aims and accountability, will translate the operational momentum we are already seeing in the first half of 2008 into steadily improving financial returns thereafter." |
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Quote:
Don't forget the chicken soup! *S*
__________________
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'" W. Buffett |
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Not sure if others have seen this weblink regarding the gentleman in last weeks photos. This is a message taken from IHUB.
Go to this site and scroll down to page 7: http://announcements.bursamalaysia.com/EDMS/subweb.nsf/7f04516f8098680348256c6f0017a6bf/d3d6098b92a625c0482573130011206e/$FILE/BORNOIL-AnnualReport2007%20(1.5MB).pdf |
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