STU 0.00% 94.0¢ stuart petroleum limited

The duckling lost a good bit of fat today. I have a few STU,...

  1. 11,543 Posts.
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    The duckling lost a good bit of fat today. I have a few STU, expecting good but not spectacular gains.

    I also like the diesel refinery. Only done back of env estimates as too many unknowns, but looks to me significantly positive. Makes sense that if a diesel refinery is going to work anywhere, it would be in the Cooper.

    Big questions in my mind are;
    1)what would the diesel yield be
    2)What value the byproducts relative to crude price.

    I am not familiar with diesel topping refineries. Must find a text.

    Entropylord
 
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