Good point about the remaining loan.
It seems that the WY property should have a lot more potential than the Kansas property base on acreage alone.
Shouldn't that be the major focus?
My concern if the company can weather this price drop with all of its overhead.
If I understood correctly, they are looking for new deals yet that couldn't finance the completion of the last well.
I know the price of oil has some effect on this company, But, the important item to understand in this situation is the price spread between Diesel and Nat Gas.Whether diesel is $6 or $3 a gallon as long the the price spread is over $1.00+ between the two, a truck could save over $10,000 a year (driving over 100,000 miles) thus a 3 year payback (based on $30,000 total cost not including an incentives from federal/state or local governments or companies).
I would think shipping companies would be flushed with cash with the drop in diesel prices thus being able to lower their costs further by choosing APG Dual Fuel kits.
Where is the excitement for the latest press release? When the "Big Boys" start adding the kit to their trucks.
Everyone else will have to add or be left in the dust!
Maybe the company should market the mine property to an environmentalist billionaire who would want to stop the development.
Yes, it does! With the drop of oil prices it makes the investment payback longer but it still has a good ROI. In the future, it can be moved to another truck with a lot less cost thus very quick payback.
This program should certainly increase sales in the state of Texas. Programs like this , should really start the conversion market to expand rapidly across the country.
All it takes is for one trucking firm to see the advantage his competitor has before he will have to join them or lose out.
For the person or persons pushing this stock below 2. What other productive plans do you have for the future?