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Plastic2Oil, Inc. PTOI
Posted On: 02/19/2014 7:43:48 PM
Post# of 43066
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Posted By: yuggibeht
Re: techisbest #6388
Agreed, and you are entitled to your opinion on SAIC. Problem is, every time someone posts here, they clearly do not know what they are talking about. A 3-day audit and a FEL 1 or Class 5 OOM estimate are 2 completely different things. An OOM estimate takes roughly 5% of any capital budget anywhere. That is a universal benchmark. FEL 2 takes 10%, FEL 3 takes 15% for a total of 30% of the Total Cost....

And guess what... the numbers in the SAIC Summary agree... don't they.

5% works out to just over 4200 MH, which is 40 man weeks, which is a team of 4 or 5 guys for a month. Which is about right... right? That is not 3 days.

However, and to change the topic, you guys may have other things to worry about quite quickly. There is a rumor that the IR manager Chris Irons got fired... the dominoes are falling.













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