Replies to post #173535 on Plastic2Oil Inc (PTOI)

[buenokite]

I already posted my 1st Q fuel sales estimate at between 200k-280k on the high side.

So you are basically calling for 8.5 to 11.75 days of production which you describe as on the high side. If they come in that low it is obvious the process does not work as touted. And we sure have come a long way from "FEED THE BEAST" posts of just a month ago. Amazing how muted things get as SEC filings approach.

Of course we are both assuming JB will break out fuel sales in the 10Q unlike what they did in the last 10K.

[RickFlair]

Brig

I find your estimate on the low side. Based on what the company has said in the last month with 2 processors up and running I would expect 30 days @ 200 barrels a day for 2 machines running at 2000 lbs per hour. This should equate to about $600,000 in revenue if a barrel is sold at $100.00. This amount doesn't include any production for Jan/Feb.
To come up with your estimate it would involve a considerable amount of downtime.
Can you expand on the reasoning behind your estimate.
Send me a pm if you prefer. I've been here from the beginning and think the time has come to start producing.

Thanks

RF