very nice post, i too am very thankful for the opportunity jbi has given me and as discussed with a few other longs i may be adding to my share count next week.
Everyone should also remember that the modular unit has to be built for the 1st time so I expect that it too will have its challenges including outsourcing to companies who have to fabricate the parts from scratch, design changes to accommodate modular, fully document the construction for easy roll out etc. etc. To be where they are today is unbelievable keeping in mind that the so-called competitors have been at it for 6-11 years and have yet to commercialize their product. The fact that JBI can build their modular units for less than 1 million dollars compared to the competitions 5-10 million is incredible. The fact that they feel they can produce a barrel of ready to use diesel for less than $10 is phenomenal. The fact that they have buyers that are willing to buy their fuel for well over $100 per barrel is extraordinary. The fact that they have signed a 10 year agreement with RKT is amazing. They have developed an inexpensive processor and signed agreements with 1st class companies in an extremely short time period.
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