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Re: stocker11 post# 249280

Wednesday, 11/13/2013 10:29:36 AM

Wednesday, November 13, 2013 10:29:36 AM

Post# of 312025
The company produced about 55,000 more gallons of fuel with processor #3 in Q3 2013 than they did in Q4 2012 with just two processors (Q4 2012 is the last "HTF" quarter). So let's be conservative and assume even with HTF, processor #3 can only produce 400 gallons per hour at maximum regulatory capacity. That means to produce those 55,000 additional gallons of fuel it would take about 137 hours or just under 6 days of processing, again assuming the processor is running at maximum regulatory capacity. But if you tend to believe Bordynuik, they ran processor #3 for much more than 6 days so they seem to have a horrific throughput problem.

That does not seem awe inspiring to a potential buyer.