Behl PBR concerns and more.
I have been researching high and low trying to figure the main issue behind the PPS decline. Personally, I hate the 1 billion OS count, I even voiced my concern to Monique in a personal e-mail. In addition, the continuous HSDN selling ( I hope is over). Yes I'm down financially from a Paper loss standpoint on this investment.
A few weeks ago my DD turned up issues with our PBR. I have not posted a whole lot lately because I am a little discouraged. The bottom line is this. The current PBR turns are 180 degree and consist of a smooth outer finish. When the PBR was constructed all went well. Then as they filled the tubes and turned up the pressure (which was not much) the volume of water entering the 180 degree forced the turn right off of the tubing on certain turns. That is why we saw the water puddles on several occasions in addition to the flattened tubes. Along with the bio cam being shut down at times.
Use your own common sense here (Even if you think I'm lying) You have plastic tubes carrying massive amounts of water at a pretty sizeable force. The tubing is secured to the 180 degree turns by using large hose clamps. Both the tubing and the turns are of smooth surfaces. So when that water pushed against the edge of the turn it simply shoved it right off seperating the two. Just think of the force in your residential garden hose. Have you ever tried putting on a hose nozzle while your garden hose is turned on full pressure. It can be done but it takes serious strength. Now imagine a tube full of water probably 20 times bigger pushing against the edge of that 180 degree turn. Realize these turns have a decent square edge on them Im guessing 1/4 inch to 3/8 inch thick.
Then they had to shorten some tubes in hopes of reducing pressure that is why some older pics differ from newer pics.
Now we get a PR basically telling us that the PBR turns are going to be totally overhauled and redesigned. The fact is the current turns are not 100 % secure. I think they will need to have new turns manufactured with some type of exterior lip around the perimeter so that when they clamp the tubing on it will keep from being blown off.
That being said. If Behl needs to wait on these new turns to construct multiple acres of PBR's then we could be looking out to 3 - 4 months In My Opinion. It is a wait and see. Now what do we tell customers if we have to put off their orders even longer.
However, if we can hang tight and our customers hang tight and Goodall perfects the NEW TURNS then we still have a chance OF EXTREME SUCCESS.
This is my DD which I feel pretty strong about. It is my opinion on some the sizing and forces put on the turns. I am just trying to make my point.
Behl Gates reporting DD both good and bad
Still hoping Goodall pulls this off
AI
