Hi Jurek

If POD 1 will not produce projected cash flow because depressed bitumen prices, CLL may try to sell their future production (forward sales) at higher prices if they can find the customer or by hedging and paying premium for it.

Strange thing .How can you found someone to buy at higher price or maybe they could use some kind of "option" that they will sell at a vast price in the future even by then price is higher.Is that something to think about ?It's like selling a "call option".

Where is TDG trading and what is the ticker code?

Have you noticed that on daily view macd is possible making a possitive upwards move and rsi is divergating with sp?Look also tp the acumulation /distribution tool.It looks bottoming out.Now we must try to end over the resistance so far.Did 3 trades in a row from 1.08 to 1.16 .

I think tradingrange for a time could be in the 1 to 2 zone as biggest move.What's you're opnion?

Once again bad news from companies cutting back some producction.Arcelor will produce less.There is a car seller here who promote if yu buy an expensive car like a Mercedes or BMW etc. you get a small car for FREE.They told in the news they expect car sales to drop 25 % next year.

Some positive for oil.Read in magazine that traders think Opec could cut again on output and cause China launched a stimulation package too they are not willing to push price down right now.