Plastic2Oil Inc (PTOI)

[Justice37]

Re: That reference was used to show how the 25mill price tag you erroneously assigned to Agri-Plas was anomalous:

Agilyx have said they are selling a 25 milling dollar machine that can process 90 tons per day. Since they report that their starter machine costs $2.5 million and can only process 10 tons. I think the $25 million figure is accurate.

Wasn't "qualifying" the amount as a comparison.

Comparisons should be made, cost of machine, type of output, I think comparisons should be made.

The $200k is not the final price and you don't have enough data points to do a comparison. Do you have both specs to do a space comparison?

Lets double the price, say $400,000, it still process twice the amount of plastic as the $2,500,000 Agilyx start system. JBI have reported that 500 square feet of indoor space is required for the P2O Processor, the fuel tanks can be stored outside, another 500 square feet but multiple machines can be hooked up to these tanks. Agilyx post no information about how much space is required, it's a lot, take a look at the photos, that's the base four pod processor.
http://www.agilyx.com/pdf/Agilyx_Brochure.pdf

Nice shift in model-- now you can compare overall costs to produce w/ SynCrude (Recycle Fac), Envion (Landfill) and Recycletech (Landfill). Again the key difference is where the plastic sits on the "waste" -vs- "scrap" line. How far down the line can JBI go to the waste side in their current configuration?

You seem to be the only one that I can remember using the waste vs. scrap comparison. JBI will process waste and receive scrap plastic from several sources, they have a facility for that purpose, 11 loading docks, they can process 1000 tons of "waste" a day, even if only 10% or 100 tons of that is plastic JBI can convert to fuel, they are going to have to store a lot until the other two 30 ton machines are up and running. Some waste will be sold for profit. JBI are also going to have partnerships at waste facilities and recycling facilities, and joint ventures. Current configuration, they have a JV with Al Sousa for 45 sites. Negotiations with Waste Management, I don't believe it will be just so they can send plastic to JBI, we will know one way or the other soon enough.

My quote: Exactly, why is SynCrude turning to Agilyx, they must have money to burn.

Your quote: hmmm-- that's illogical but I suppose it wasn't intended to be rooted in rationale reasoning?

I'm sorry I didn't explain this clearly enough for you. Why would SynCrude pay $6 million to process 20 tons of plastic per day when they can get the same thing, but better, for $400,000 (I doubled the price for the sake of argument) or when they can have JBI build a processor on their property for nothing and still receive substantial benefits. Do they have money to burn?