This first post by Browning was removed from anoth
Post# of 43064
I agree that the current "reality" of JBI, Inc. is spelled out here:
http://www.sec.gov/Archives/edgar/data/138110...9i_jbi.htm
If one had attended the presentation in Florida, or had recently been to the NF plant, one would see the science at work and know precisely what goes along with the PP slides.
The current share price reflects market disappointment to date with P1 and P2. IMO what might be concerning to some here is the clear progress of the technology (P3) along with operational changes that have been put in place for more consistent uptime (see slide 36 processor specifications, "manpower required ").
Notice also slide 40, showing the ramp in fuel produced over the last 3 years. Perhaps someone will extrapolate the future curve with a graph? I also note slide 41 showing further expanded feedstock capability.
Look at the pictures of all the different kinds of feedstock and their sources. These are not mere "window dressing" but what is actually fed into the machines. Look up the number of MRFs ( primary feedstock) that JBI's major partner in FL has access to after acquiring Smurfit. (Raggertail and monofills are secondary sources).
Study the entire PP presentation, including the science and verification provided by reputable third parties. Then decide for yourself.
Does anyone believe that those who have invested heavily in this company (millionaires and billionaires) are oblivious? IMO they are watching everything very closely.