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Re: 1jk1 post# 12710

Wednesday, 01/20/2016 10:40:08 AM

Wednesday, January 20, 2016 10:40:08 AM

Post# of 39360
With oil being so cheap at the moment (and forecasted to stay this way for a long time), I don't believe this is a viable initiative for GCEI. I don't know the exact systems GCEI intended or intends to use but my best guess is the operating costs would eclipse all revs and put the "tires to oil" operations deep in the red.

I believe they should focus entirely on the PGM initiative and close the deal asap. They've already missed a year of PMG becoming increasingly valuable. I'm concerned the value of PGM will top out in conjunction with an alternative to be used in CAT converters.