Thursday, May 05, 2011 11:59:02 AM
If you are in this stock, and are holding long, then you are a believer. You know the fuel sale is coming, just let it happen. Rawnoc is right, who cares about a tanker sale,... take the time to cultivate and develop a long term arrangement with a repeat buyer.
Also, you can't show a value for inventory that you haven't paid anything for. Inventory sits on the books at it's cost base and you only book profit on the difference between what you paid for it and what you got for it. You can't count inventory on what you might get. Therefore, at this moment, the inventory number is unknowable to investors. But you are in the stock, so you are a believer, the actual volume doesn't really matter at this stage, we will find out soon enough.
Also, why build a second 30 ton machine on site, when you may get a call tomorrow from your new friends at Smurfit saying,..."We would like to refer you to Billy Bob, and he wants to know how soon you can send a machine over to him". If it is fully constructed on site, JBI now has to deconstruct, ship and reconstruct as opposed to just loading the pieces on a truck and getting it out the door,..next day.
All in due time brother, really great stuff is like that, patience.
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