I constructed my question precisely because of what you have done in your post. At times Bordynuik has claimed throughput as high as 2,700 lbs per hour. He has claimed on occasion extended runs of 30+ days. He has claimed periodically fuel can be produced for $10 per barrel. He has claimed he can produce 80% diesel and 20% naphtha. But if you examine when he makes those claims he tends to make them in isolation. Sometimes he emphasizes throughput leaving out up-time, sometimes he emphasizes up-time leaving out throughput. He does this I believe so that people come to the most optimistic but catastrophically wrong conclusions. So all I did is put all of Bordynuik's claim's together in a single statement:
In your opinion, what is inhibiting JBI from processing unwashed, commingled plastic at an average rate of 1,500 lbs. per hour with an average up-time of 70% per quarter producing 80% diesel and 20% naphtha at a cost of $50 per barrel?"
And then based on that statement do a little math and compare it to publicly available documents like filings and Annual Facility Reports. I have done a variation of this for a while now and oddly enough Bordynuik comes up massively short EVERY SINGLE TIME. Now the excuses compiled by and on hehalf of Bordynuik are quite creative and extensive. This is just a small partial list based on my memory:
1) All we need is an air permit. This one reigned supreme in 2010. It was claimed the machine was raining diesel but John just did not want to sell it because he did not have an air permit.
2) The machine needs tweaking!! It was claimed repeatedly that Bordynuik could run the machines at something approaching my statement above, but he had to make them "more modular", construct a new ram feeder, etc.
3) Bogolin put water in the machine.
4) They are testing plastic.
5) And now ironically enough the machine is too expensive to run.
It is always something. I would just say if Bordynuik could put together a quarter of "just running the machines" at something close to what my statement implies this company would be in a fundamentally different place. And when I say my statement that is really just a compilation of Bordynuik's claims.
