pontalba: at 6.5 lbs per gallon that would be the equivelent of spinning a pound of straw into 2 pounds of gold....
Even if you used 100% biodiesel as a feedstock, 1000 lbs is only 153 gallons.
Three pop machine sized biodiesel machines you can buy for six grand each would kick out over 100 gallons per day.
There is no way in h.e.l.l this could ever be a profitable operation...
250 gallons per day @ four bucks is only $1000.00
Even if the feedstock was free, it would not be enough to cover workers wages.
As each "batch" must be tested to ensure ASTM standards are met there is a real cost there.
If the company pays just 25 cents per pound (plus transport) for used cooking oil, that a real cost of about $1.50 per gallon.
You guys figure it out. We have BB and how many more other company leeches that must be paid something for their services and the company has not reported ANY income. Where does everyone think that money will come from?
How about the expansion to millions of gallons per year?
Given as this joke of a biodiesil plant cost "millions" I dont see how any other plant will benefit shareholders.
Lets assign the yet to be built plant a fixed cost of 20M (very very cheap)how many shares would that equate to?
We will shortly be eliminated as shareholders, and NEW suckers MUST be found. So, pump and dump.....
Juanly needs a reality check IMHO. - P.
