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tykundegex

06/29/10 9:03 AM

#53428 RE: BigGreen101 #53427

Just my $0.02 worth on this math:

1 "site" can process from 20 to 60 tons/day (20 being the min, 60 being 8hrs worth incl. downtime for cleaning), which assumes only a single full-size (20-ton) processor runs at a given time.

That's 125-375 barrels.

If output is sold for $75/barrel, and all operational costs total $10/barrel, then the daily profit from the site is between roughly $8k and $24k. If it's run 300 days / year, that's $2.4m - $7.2m.

So go with the low number, and that's roughly 0.05 EPS per site. That means that every company-owned site (where JBI retains all the profit), could add $1 to the PPS. I believe they are planning to have 3-5 processors running at the existing NY facility in the near future.

Pretty good prospects for a pink sheet delinquent filer, wouldn't you say? ;-)

Tykün

P.S. the assumptions for this math:
. plastic is acquired for free
. plastic doesn't require pre-treating (e.g. PVC)
. fuel output is sold at crude oil prices
. $10/barrel is the total OpEx cost
. civil war doesn't break out
. OPEC doesn't start pricing oil in Euros
. the P/E is 20
. the O/S count stay at 50m
. bears and shorts stop messing with the PPS .. ;-)


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Zardiw

06/29/10 10:38 AM

#53456 RE: BigGreen101 #53427

It was EstimatedProphet that came up with that spreadsheet, fwiw...and from what I understand, each site will have 2 20Ton processors.......z