"Still waiting for the list of all the other P2O t
Post# of 43064
Do PTOI's permits make PTOI profitable?? My understanding is that the permits are so PTOI doesn't exceed environmental limits, not an endorsement that PTOI's version of pyrolysis is any more commercially viable than anyone else's version of pyrolysis.
I understand that getting permits gives investors confidence because investors reason, "Why would PTOI get permits if they weren't serious about making money by running their pyrolysis process??"
PTOI has been unable able to make pyrolysis profitable and told investors they were shifting business plans to selling processors in the hopes that a customer might find a way to make one profitable and buy it. That makes those permits fairly moot.