bueno RE: Fuel Sales
I think each day we don't hear about sales is a little more discouraging. Maybe sales have been made, and they aren't talking about it, but I think they probably would issue a PR. So many factors here.
If sales aren't being made VERY soon, then I personally think that JBI probably isn't receiving very good offer prices for their fuel. Regardless of how good JBI's fuel is, you have to think there probably is a stigma about it. Maybe the interest is very low, and the price someone is willing to pay is lower than JBI hoped. You have to start somewhere though. Maybe they will have to start low at first. Prove the fuel is quality, and then slowly garner more interest and be able to fetch a better and better price. Getting some media attention to the process might be helpful in this area too.
Maybe long term contracts for fuel just take more time than we think.
I know John said around WTI, but that might just have been hope. The fuel very well could be far better than what people pay for typical diesel, but this is a new derivative. We probably won't even know what JBI gets for their fuel though. It will have to be extrapolated in the Q's, and that will be very difficult in 2nd Q with one machine, starting mid quarter.
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