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Re: redspeed post# 24854

Friday, 11/24/2023 8:41:19 PM

Friday, November 24, 2023 8:41:19 PM

Post# of 35017
Redspeed this is direct from Dan Bates. Sorry for the delay.

TThe break even point on the equipment depends on a lot of factors, CAPEX cost, operating days and most importantly, the quality of the plastic waste or feedstock. In the case of CS and the equipment we are looking to deploy we have calculated a 3.5yr break even. That’s an estimate only and real world data will determine that actual duration to repay. I believe we are in the ball park.

The competition that we are looking at is primarily from the vendors. They haven’t looked to put a network together as we have with the PCN. Our portfolio is orders of magnitude greater than our nearest competitors and everything depends on access to Capital as you know. If we have the funding, we will blow past everybody in 24 and 25. Green bond!
Absolutely have to focus on the up list. That is one of the ways we have the access to the Capital that we’re going to need. This is not a cheap endeavor and our CAPEX requirements to fully deploy the portfolio is going to be in the billions. You just can’t raise that kind of money on the OTC and having the credibility of a senior exchange listed company will open up doors that we don’t even know about yet. I hope these answers help.
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