"So while these companies might typically receive
Post# of 43064
But that's not for the HDPE, LDPE and PP scrap which PTOI is permitted to use. You can look at http://www.recycle.net/Plastic/hdpe/xv100200.html to see how prices for scrap plastic (HDPE in that example) have dropped with the price of oil--people used to offer $0.25/lb to $0.30/lb for scrap HDPE, LDPE and PP and now it's considerably less...but not zero. Keep in mind in this oil price environment, even if PTOI could produce pure salable diesel out of scrap plastic (which so far they haven't shown), they would also get less for it because diesel prices have also dropped. The prices for petroleum products all move together with the price of oil.
It's no different than it was before--if Mr. Heddle is now trying to make a case for suggesting how profitable PTOI might be in this low-oil price environment then, again, you should press him for actual evidence.
Mr. Heddle has shown he can dance just as well as Mr. Bordynuik and, six years later, investors are still being subjected to PTOI's hypothesizing and suggestion rather than actual feedstock information and a run ticket. How long are you going to listen to Mr. Heddle share his baseless dreams??
You didn't answer me before--wouldn't you like to know if PTOI has actually found any situation where the processor creates a fuel which is worth more than the feedstock fed in?? Wouldn't that be great to know the real answer rather than relying on what you believe in your heart based on PTOI's suggestions?? I'm pretty sure I know why you won't e-mail the company and ask...but why do you think PTOI isn't taking the initiative and telling investors that information? If PTOI did share that data credibly and if the data was as good as claimed, you could sit back and watch your stock skyrocket.