Friday, October 14, 2011 4:25:35 PM
Agilyx started in 2004, sold "soup" (or an oil product that needs to be refined) for the first time in 2009 (five years).
JBI's P2O started in the Spring of 2009 and sold "spec fuel" for the first time in May 2011 (2 years) for more than Agilyx sells their soup for.
Again, to be fair, you would have to spread your numbers over 2 months (from the date JBI first sold fuel) as we don't know yet how much fuel has been sold since July 1, 2011. So it works out to 200 barrels of "fuel" for two months (assuming your facts are correct) which would mean that even in it's infancy JBI is out producing Agilyx. Can't wait for fuel sale numbers over the last six months of 2011. There's a chance they will surpass Agilyx's totals by year end.
JBI makes spec fuel, Agilyx doesn't. As of today, Agilyx, after 7 years, only have one operating processor. I'm thinking that JBI will have a second processor operating at a Rock Tenn facility (first with Rock Tenn) within a year but to make a fair comparison they can wait 5 years (and waiting) to be on par with Agilyx, but I don't think JBI will take that long.
Truth is based on fact & only changes as a result of further evidence!
Lies are based on nothing, are quickly forgotten or change to meet the needs of the user!
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