Plastic2Oil Inc (PTOI)

[P2O I'm from MO]

Interesting doses of REALITY in the Columbia University report <snip>

It's NOT a report, it's a preliminary copy of a thesis written by a graduate student, with what appears to be significant ties to the company.

Hardly unbiased.

REALITY:

 
                                                             SAIC Report  EEC estimate 
 Capital investment $ (total)                                 7,838,415     9,500,000 
 $/ton of annual capacity                                           247           300 
 Annual capital charge (APR 4%, 10 years) $/year                783,842       950,000 
 $/ton processed                                                     25            30 
 Cost of collecting/sorting/delivering PW to plant1 $/year   Not provided   1,595,000 
 Variable operating costs $/year                                562,348       634,000 
 Fixed operating costs $/year                                   444,180     1,000,000 
 General and Administrative $/year                               20,000       200,000 
 Total operating costs $/year                                 1,026,528     3,429,000 
 TOTAL CAPITAL + OPERATING COSTS $/year                       1,810,370     4,379,000 
 

WTF, How could the prestigious SAIC be so far off?