Plastic2Oil Inc (PTOI)

[User336447]

Also they said the machines would only run at 50% the first months of operation. They didn't say the machine was running at 75% for the 3 day operating trial period. They just said that the proposed 75% would be reasonable. Maybe they had to turn it off ever few hours to clean the petcoke buildup and it was only running 50%, but in the future they won't have to do that. It was also only 2000lb/hour rates not a potential 4000. Also factor in the true prices of naphtha and #6 and multiply by 3 for the cluster and you may be closer to the EBITDA estimate.