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Steady_T

06/17/11 10:55 AM

#114366 RE: Artiztic1 #114358

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With two processors that are currently capped at 2,000 pounds per hour each (per the air permit) , running 24/7 = 2,000x2x24x365 = 35,040,000 pounds per year

35,040,000 = 15,893,876kg x.69 per liter = $10,966,774 in gross revenue for two processors at the Niagara Falls plant.

With three processors, using the current annual waste receipt limit of 19,500 tons.

19,500 tons x 2000 lbs per = 39,000,000 pounds = 17,690,102.43kg according to John approximately one Kg of plastic = 1 liter of oil.

Recently received .69 per liter x 17,690,102kg = only $12,206,170 in gross revenue for 3 processors at the Niagara falls plant.
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OR, with a letter to the DEC requesting new limits to match the capacity of the machines......

75 tons * 2000 *365 = 54,750,000 lbs per year.

54,750,000 = 24,886,363 kg * .69 per liter = $17,171,590 gross income.

Investors will choose whichever scenario they believe to be most likely in their evaluation of JBI's potential.

Also these calculations assume that there are no additional modifications to the processors to increase the throughput.

If such modifications are made, then these numbers will be low by however much the throughput is increased.