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Re: Rawnoc post# 9103

Monday, 10/12/2009 6:12:39 AM

Monday, October 12, 2009 6:12:39 AM

Post# of 312015
I totally agree -- the P2O revenue at this point is absent from the financials, but could provide the single biggest revenue stream one it's operational (esp. with the self-financing franchise model).

If each processor can process 50 thousand tons of plastic yearly (?), that's about $15m worth of oil sold to refineries (not assuming a premium price due to the high-grade and low-sulfur levels). So even a smattering of franchises across the country (say 20) could bring in well over $100m in revenue for JBI.

P2O makes the "50 in 5" directive for Pak-It seem like the small-time.

Does anyone else have thoughts / math on the P2O revenue once things are running full speed (say 1-2 years out)? For those of us who are long, this is hugely relevant!