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Re: P51-D post# 119269

Wednesday, 07/13/2011 10:00:08 PM

Wednesday, July 13, 2011 10:00:08 PM

Post# of 312016
I beg to differ. My "experience" is very applicable. Industrial process equipment is similar enough across all applications that one can draw some conclusions fairly easily. I have been costing and managing such projects for the last 7 years straight. JBI has not accomplished much in the last year, and they have spent 25M doing it, with no meaningful production as of yet.

There is nothing to say JBIs technology is disruptive. I will believe that when I see it. They would be making money now if it were. Growing?? Hardly... I must have missed it. They just got permitted...

Today I was in a "Preliminary Feasibility Study" gate meeting. Get that word... "Pre-Feasibility".. it means before the Feasibility Study. Before taking a serious look, and way before true Engineering.

There was a COMPLETE list of the required permits on the wall, and we spent an hour talking about the schedule and the consequences of an EA was required...

When did that meeting occur at JBI I wonder?

I finally reveal my true identity!!!!!!!!!