Plastic2Oil Inc (PTOI)

[tykundegex]

JBI's been stating figures in MT (metric tons), which is 1000kg, or 2200 lbs.

So 1 "ton" of plastic yields 1000 litres of oil, which is 6.3 barrels (159 liters / barrel).

20 tons/day is the "working" number for the estimates of a P2O site, or 126 barrels / day (almost $11k / day). But the processor can do that in 3-4 hours max, so the theoretical max is MUCH higher.

Can't wait to see the real production numbers blow these conservative estimates out of the water.

Stu