Plastic2Oil Inc (PTOI)

[the big guy]

This post is misleading. To imply that there is no question that JBI will be profitable is to ignore reality.

I don't care that it "has been quoted as" (where btw?) 80-95% of the cost being the cost of the feedstock.

I have been in industry on such projects and i know that it is about 5-10% of the cost if that. I can bet where that came from, probably the usual source... and on FB no less. Even if it were free, that is but one factor to consider.

The list of cost items would look something like this:

Operating Costs:
operators
support staff
sales staff
G&A
purchasing
cost of producing catalyst
Overhead (likely based on square footage, which based on the photos, sucks right now).
Preventive and other maintenance
Oil and other fluids

Capital Costs
Fabrication
equipment
Project Management
Construction
Raw Materials
Procurement
Commissioning/Startup (what they are doing now)
Engineering the plant

We have no idea whether or not it will be profitable.

If you can't do the above analysis, you can't assume anything.

BTW, just looking at it it is a 1M - 2M plant. Operating costs i have no idea... but all of the infrastructure and office support has to be factored in.

Profitability is not a no-brainer.