"The short answer concerns evolution of the tech u
Post# of 43066
Posted On: 06/03/2014 2:41:33 PM
"The short answer concerns evolution of the tech up to P3. The longer answer involves analysis of transport and pre-processing costs, which is why JBI hopes to place processors at third party locations that have both waste plastic streams and industrial operations experience."
Whoa whoa whoa, Skorogi!!
The 'tech' was already done in 2009 and the catalyst just needed to be thrown in a hole with free waste plastic and crude oil worth WTI-$3 or even diesel was supposed to come out of the other end at 109bbls per day. The initial evolution just concerned increasing that to double the throughput.
You're telling me with 90% gross margins, the cost of shipping and shredding the plastic renders the technology unprofitable?!?
Just to be clear since you're the only long I've seen so far who shows promise of understanding this concept, the only reduced cost is some transportation. You understand that pre-processing needs to be done whether at the customer site or at JBI's facilities, right?? It's the only the transportation cost which might be saved, right??
Whoa whoa whoa, Skorogi!!
The 'tech' was already done in 2009 and the catalyst just needed to be thrown in a hole with free waste plastic and crude oil worth WTI-$3 or even diesel was supposed to come out of the other end at 109bbls per day. The initial evolution just concerned increasing that to double the throughput.
You're telling me with 90% gross margins, the cost of shipping and shredding the plastic renders the technology unprofitable?!?
Just to be clear since you're the only long I've seen so far who shows promise of understanding this concept, the only reduced cost is some transportation. You understand that pre-processing needs to be done whether at the customer site or at JBI's facilities, right?? It's the only the transportation cost which might be saved, right??
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(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.