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the big guy

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the big guy

Re: Steady_T post# 219828

Wednesday, 03/27/2013 6:05:48 PM

Wednesday, March 27, 2013 6:05:48 PM

Post# of 312015
ALl of the JBI hype is bnased on invalid assumptions. The EBITDA number in the SAIC report comes to mind right away. It is an unproven wild assumption. $10/ barrel is an invalid assumption as Goldsmith suggests. Lots of figures have been cited based on that SAIC Summary, which are basically working backwards from that EBITDA assumption. It is a circular argument that cannot be broken. Even worse, the simple math based on the number of processors. Where is the capital and the ROI analysis.

It is a house of cards... and it is starting to collapse.

Best of the Season from the Band...

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