Replies to post #78087 on Plastic2Oil Inc (PTOI)

[Steady_T]

You are fully capable of making your own estimate of how much fuel has been produced during the testing period.

Assume that since March most of 5 months that system was run very little that is a few hours every couple of weeks to test new O2 sensors. After that problem was solved, assume that the processor was run more often for longer periods of time.

My guess is a max of 50% of an 8 hr day to as little as 10%. These are on average, because we have heard that there have been tests periods of as much as 5 days of 24hr's a day. Figure that there is a heat up time at the beginning of each run after a shut done of several hours where there is no or little output.

Sit down and do the math and see what number ranges you come up with. Then lets talk about how much or how little fuel has been produced since the testing letter was issued.

[Ignotus]

until i get a bona fide link about that "amount produced", my train of thought is going to be, "NOT MUCH".


if you dont know why would you assume anything?

[tykundegex]

I think the amount of fuel they may have already produced is insignificant. I don't mean they have only produced "an insignificant amount", but insignificant in the sense that .. other than perhaps generating a small wad of cash the instant they sell it and making all longs feel warm & fuzzy inside, it won't help the share price any.

The only thing that truly counts is the volume of fuel they can consistently product after receiving the permit, and for that they need a LARGE steady stream of cheap/free plastic (which all signs point to them having!).

But if I had to guess, with their testing and based on some statements they've made in the past, I'd guess maybe 2000 barrels (300 tons of plastic), or $150k worth?

I hope, upon receiving the permits, they will make some announcements about recurring/future quantities, as it could help to support the share price. I'd like to see a repeat of last December .. but this time based on much more than speculation.

Tykün