InvestorsHub Logo
icon url

waikikian

01/05/11 4:15 PM

#87891 RE: the big guy #87880

They are leasing the MRF....plastic is free....semantics but, you should state it properly.
icon url

Justice37

01/05/11 4:22 PM

#87892 RE: the big guy #87880

What part of a recycling facility breaking even, means free feedstock, was not clear. Breaking even would mean paying the lease, paying employees, that would mean that the feedstock would be free. Not having to pay the landfill fees, $90-$92.50 in the Niagara Region, which is what other recycling facilities have to pay for the unwanted plastic that JBI can use, increases the chances of not only breaking even, but of turning a profit with the facility. This has been pointed out twice with this string of posts. I'm not going to engage in another back and forth over this. Here's the link for the landfill costs.

http://www.niagararegion.ca/living/waste/Landfill-Sites.aspx?content