Replies to post #61739 on Plastic2Oil Inc (PTOI)

[Rawnoc]

Reality from the Department of Energy vs. thebigguy's fantasy:

Reality:

"The feedstock cost of the oil or grease is the largest single component of biodiesel production costs." ~~The U.S. Energy Information Administration, Department of Energy

http://www.eia.doe.gov/oiaf/analysispaper/biodiesel/

"I have been in industry on such projects and i know that it is about 5-10% of the cost if that." ~~thebigguy, self-annointed industry expert

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52848400

Yes, profitability is a no-brainer. But first you have to actually understand that feedstock going from the "largest" cost to FREE assures that.