"I don't see how they can't produce under $10/barr
Post# of 43066
Posted On: 08/16/2014 5:57:12 PM
"I don't see how they can't produce under $10/barrel."
The fun thing there is that if municipal solid waste is used, they could produce an oil for under $10/bbl. That's not hard to do. But try selling that oil and you'll see the market value isn't there.
If HDPE, PP and LDPE plastics are used as PTOI is allowed to use, that will result in a hydrocarbon-only fuel with likely some value...but that cost for those feedstocks will be about $800/ton. It's hard to make a profit at 86% conversion into something that's worth about the same per weight and can't possibly be worth enough to make it worthwhile. I know you "reviewed" that $800/ton figure before and that you deemed it incorrect but hopefully you'll understand if I stick with the real numbers.
The fun thing there is that if municipal solid waste is used, they could produce an oil for under $10/bbl. That's not hard to do. But try selling that oil and you'll see the market value isn't there.
If HDPE, PP and LDPE plastics are used as PTOI is allowed to use, that will result in a hydrocarbon-only fuel with likely some value...but that cost for those feedstocks will be about $800/ton. It's hard to make a profit at 86% conversion into something that's worth about the same per weight and can't possibly be worth enough to make it worthwhile. I know you "reviewed" that $800/ton figure before and that you deemed it incorrect but hopefully you'll understand if I stick with the real numbers.
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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.