You assume it is just a feedstock contract. What if the negotiations are for P2O processors at Waste Management waste sites. Would save WM the cost of shipping plastic or putting plastic in their own landfills. WM is a North American company. Makes more sense to partner with JBI throughout North America, huge win-win for both companies. I'm thinking a profit wouldn't be an issue.
This would fit perfectly with model explained on the CC. No need for JBI to purchase property, no issues related to physical plant, JBI keeps control of the technology, have a free source of feedstock. WM have a green alternative for their unwanted plastic, cheap diesel, a share in profits, win-win.