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The upfront capital needed to build an MSW combustion plant can be a significant hurdle when building a new facility. A new plant typically requires at least $100 million upfront to finance the construction; larger plants may require double to triple that amount.
Isn't it great that John Bordynuik was the one who found this old archived formula.
Most people wouldn't have a clue that the catalyst they were looking at held such great potential.
Most people would not have recognized that this catalyst was a possible key to solving one of the greatest environmental disasters.
Most people would not have had the foresight to create a public company to fund research and develop a prototype.
Most people would not have persevered and evolved that prototype to a machine that is now permitted to process 4000 lbs. of plastic per hour.
I expect that when # 3 comes on-line it will be considered one of the greatest green technological advancements of our time.
absolutely remarkable - that catalyst is the key to our success.
Correct
Or perhaps it's just a lot of hot air being produced.
well perhaps you have a better idea as to why Crayola signed this deal. Perhaps it was just a good fit for both companies?
No one ever said that 1 operating machine would make the company commercially viable - I suggest it will take 2-3 machines to cover company expenses after that it's pretty much all gravy.
Making 1 hamburg does not make McDonald's commercially viable either.
well if you look at the 300,000 lbs of feedstock sent from Pa. in 2012(which I assume is from Crayola and before their recycling program commenced this week) I would say that this could mean 300 tons a year.
So you're saying that land filling plastic is less harmful than converting it back to a fuel that is must cleaner burning than regular fuel? Perhaps you can provide the comparison details.
Is it also your contention that all recycled plastic should be land filled or is it just JBI's Plastic2Oil conversion efforts and Crayola products specifically.
so you're saying that land filling plastic is less harmful than converting it back to a fuel that is must cleaner burning than regular fuel? Perhaps you can provide the comparison details.
I expect what happened here is that the DEC required JBII to test a HTF that was unused thus the need to pay top dollar.
It's obvious that you're not referring to JBII as their process does work as is evidenced by all the testing, permits, licenses and validations - is jib a pyrolysis company as well?
anyone who would suggest that JBI should be compared to USSE or SSTP obviously hasn't done any DD.
KIOR is currently trading @ $4.23 - that will be a drop in the bucket for JBII once the numbers from number 3 start coming in.
should be trading at the KIOR level soon
might be a big share price increase Monday with the News with the Crayola initiatives + John is speaking at a conference as well.
What's next:
- new BoD candidates to be announced soon,
- Q1 - with new updates and I suspect will show continuing cost cutting,
- # 3 coming on-line shortly,
- approval of HTF
- CFP
Monday is Earth Day - what will it bring?
It's ridiculous for posters to make comments like JBII going Bankrupt in bold letters when there is absolutely no evidence that that is true. That's about the furthest from the truth than anything else ever said on this board.
and 500 million markers a year
Give Chris Irons a call - he'll help answer your question
Who's we? I simply asked single poster what Mr. Baldwin's case had to do with JBI. No one seems to have an answer yet it's being brought up as if JBI will be somehow involved in the outcome.
Guess you didn't hear - the SEC settled with JBI/JB.
Well perhaps you can provide the relevance of a case against a former employee and how it affects JBI?
As I said it has nothing to do with JBI. Mr. Baldwin is not employed at JBI. JBI and JB have concluded a settlement with the SEC under orders from the investors.
What, in your opinion, does Mr. Baldwin ongoing issue with the SEC have to do with JBI or JB other than having the case dismissed.
The Pacer update has nothing whatsoever to do with JBI. I would love to see Baldwin go to trail and win the case though as JBI/JB were forced to settle as per the terms and conditions of the recent financing agreement.
Good Luck Mr. Baldwin
Coming soon:
- independent BoD to be announced
- number 3 coming on-line (with substantially less down time)
- HTF to be use to increase production
- increasing revenues
- decreasing costs
Does anyone here know of any company in history that has produced a better quality or higher quantities of fuel than JBI, say within the 1st 5 years of operation?
They did - continuous real time clean out + they will be using a Chemical Engineer, Material Handler and Operator to ensure proper processor techniques are used.
But if you mean what the output will be I expect it would be very difficult to determine that without operating the processor for a significant time period.
I think we all expected the processors to be up and running months ago and roll-out to be moving forward. Having said that, the company is progressing and when processor number 3 resolves the problems of petcoke and downtime I believe we will have the model we all expected.
You must realize there was no existing blueprint for a successful processor and that we basically started from scratch.
No company in history has achieved what JBI has done to date. They have all the needed licences, permits and approvals to operate in a State with some of the highest emissions standards in North America. No pyrolysis system in the world has been so thoroughly tested and audited and seen such great results.
The timelines may not be to everyone's liking but if number 3 does what is expected then they should be on the verge of roll-out.
what are you talking about - there's nothing wrong with the quality of fuel.
No not like that at all - JBII's technology works. It's just a matter of making the processors more efficient. New tech takes time - adding HTF adds significant value.
# 3 is expected to be on-line in Q2 (within the next few days);
# 4 & 5 are being constructed;
They're working on the fine details with RKT sites (yes with an "s")
More Plastic suppliers being considered and all fuel has a buyer
HTF will be a game changer;
Shut-down and start-up and will be computerized to eliminate the possibility of human error;
Costs continue to be cut;
Institutional money may now be available for future financing;
+ candidates for the independent BoD will be announced within the next few days
Pictures of # 3 suggest they are close to start-up
closing green again today?
I was encouraged to hear # 3 is expected to be on-line in Q2 and that they are looking ahead to Number 4 & 5.
They're working on the fine details of RKT sites (yes with an "s") so that's encouraging as well.
HTF sounds like it will help considerably.
A lot more will be computerized as well taking human error out of the mix.
The not-so-good news was that the Q1 numbers will not be as good as Q4 but that was fully explained and reasonable.
Costs continue to be cut.
Institutional money may now be available for future financing.
answers will be provided to shareholders.
What's the cost of a single processor made by the A company. Do they still need to wear Hazmats suits and gas masks?