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D3ling

05/25/11 10:59 AM

#109870 RE: stocker11 #109863

Thanks for keeping me in my place. I was remembering it the reverse of what was true.
Oh well...so they operate P20 for a month and they break even...sounds like a "cash problem" to me lol.
Thanks again,
D3
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Justice37

05/25/11 12:39 PM

#109891 RE: stocker11 #109863

The partner also provides the physical plant for the processor, most likely right in a material recycling facility if it's Smurfit-Stone. I also believer, but I'm too lazy to look it up, that the partner is provided a % of the net fuel sales (20%) or (not and) a reduced price on fuel, again, too lazy to look it up.