Plastic2Oil Inc (PTOI)

[tykundegex]

Hi AK, since i'm up earlier I thought I'd take a swing at your numbers.

a P2O processor is 10 tons, but each "joint venture" will have 2 so as to be able to run in constant operation (clean & load one while the other is working). Each batch takes 2 hours, so it's conservative to suggest that you can do 4 batches total in a working day (2 batches per processor). That's 40,000 litres of oil production, and it's including the gas output.

So you'd need 1534 JVs running 2x10ton processors if they run 8 hours a day for 260 days/year. More simply put, you'd need 3068 10-ton processors.

If as you say you run them 300 days per year, and you can do 6 batches per day, it's only 888 JVs you need, or 1778 10-ton processors.

Hope this helps,

S.