Replies to post #80162 on Plastic2Oil Inc (PTOI)

[StockSpock]

Excellent point:

and we thought the processors would only be 20 ton sized and not 30 ton.

The larger processors haven't been discussed much, I'm sure JBI has a very good reason for scaling up the processor. The 30 ton processor will be producing 50% more in volume, but It it will only require a slightly larger footprint than the current 20 ton unit.

That's a good increase in the economy of scale which needs a second look, as all previous estimates have all been based upon 20 ton production units.

Add in the unceasing price of petroleum and the whole thing begins to change, for the better.

[jimmenknee]

If you want to dispute the origin, you need to go here as it is off these numbers:

stocker11 Share Saturday, December 04, 2010 12:30:12 PM
Re: None Post # of 80179

Newbies and Oldies take a real good look at this.
JBI: A Conservative P2O Valuation Approach

#msg-57382562

Both are fantasy numbers and both are consistent.