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Thursday, October 08, 2015 5:52:50 PM
With 15 processors running, they need 128,957,983 metric tons a year of clean, washed and dried top of the line plastic for FREE to maybe turn a profit.
Just a back of the napkin calculation.
Approval of financing for five different ECO navigation projects with three processors at each site at $2.5 million per processor is $37.5 million. Of course, excluding royalties, catalyst purchases, monitoring and software upgrades.
I suppose the projects could involve more than one site per project, hence more processors and more sales.
(the Southern state ?)
Since the cat seems to be peeking out of the bag already, perhaps we will get some clarifications of the situation soon.
Looking good.
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