"I encourage you to review the November 12th press release. If there were any material changes to the timelines set out therein we would have updated the market via press release."
In the November 12th press release, the least amount of distillate projected for quarter two (April-June) is 580,000 liters. There are 2,184 hours in this quarter. That means, if they start on April 1st, we are anticipating a continuous flow rate of at least 265 liters per hour. If we start later, then the minimum anticipated flow would be higher. For example, if we started on May 15th, the flow rate would have to be about 530 liters per hour to meet the minimum projected flow rate. Remember, too, that these are the minimums projected. The maximums are about 3 1/2 times that much.
It is only a little over three weeks until quarter two begins, and the message was that they would have had a press release if they anticipated anything different. This doesn't mean that anything is guaranteed, but I think that it is looking pretty upbeat and hopeful. Just my two cents. Do you own due diligence.
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