Replies to post #61776 on Plastic2Oil Inc (PTOI)

[ashkelon]

And how many processors do they want to have up and running at their site in NY alone? It was around 5 correct?

[Estimated_Prophet]

JBI's First 3 Processors

Assumptions:

1 20 Ton reactor (Already plugged in)
2 30 Ton reactors (sitting on site)
Price JBI will receive for fuel: $78 (Took WTI-$10 to be conservative)
O/S: 53,000,000
Production: 128,000 barrels (accounting for 20% downtime)
Production Cost: $20/barrel (Doubled claims to be conservative)
Expenses: $1,000,000 (processor parts, permitting, etc.)
Taxes: 40% (no tax incentives or credits)
PE: 100
----------------------------------------------
EPS=0.07

JBII would trade at $7 in this scenario.


***JBII Price Matrix***

http://dl.dropbox.com/u/3474887/JBII%20Price%20Matrix.xls

Matrix explained:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50848648&txt2find=price|matrix|explained