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Rawnoc

11/21/10 11:57 AM

#77916 RE: Rawnoc #77915

Of course, we all know, JBII will be getting free plastic.

These examples were from a website of highly sorted, clean, easily recycled plastic which JBII isn't interested in. But I used them just as an example of how quickly it is to disprove the materially false claims of $500/ton. If it takes me 3 minutes to prove that figure is wrong by 600% and more, then LOL

I'll even ignore the examples that say FREE plastic in here just for fun. Because JBII isn't going after plastic that's easily recycled. JBII is going after the other plastic that isn't which is 80%. Out of thousands of plastics out there, only a few can even be recycled and only if they are highly sorted, not contaiminated, clean, and of the right type. :)
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PaperProphet

11/21/10 12:11 PM

#77919 RE: Rawnoc #77915

I think your links are valuable in that people can see the prices both wanted and available--people are smart enough to figure out how much a barrel would cost at 300 lbs/barrel (or about 330 lbs of feedstock to make a 300 lb barrel of pryolysis oil if the process is 90% efficient).

As for your picking special cases such as 8% contaminated HDPE grocery bags for a few cents a pound or the free 300 oil-soaked buckets, I think most can see the anomalies or problems with logistics. I'm guessing most are trusting of Mr. Bordynuik and don't care anyway.

So at this point anyone who didn't know but who cares, has enough information where they can make up their own mind. Thank you for that exercise.

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Zardiw

11/21/10 2:39 PM

#77946 RE: Rawnoc #77915

Given retail prices of say $3/Gallon, a ton of waste plastic produces 275 Gallons....x $3 = $825 Revenue/Ton of Plastic x 20 Tons = $16,500/processor/day

x 250 working days = $4,125,000/yr divided by 51M shares = .08 RPS (Revenue per share) per processor.........z