Replies to post #176352 on Plastic2Oil Inc (PTOI)

[buenokite]

Actually read the following post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72812403

And specifically:

"We received the air permit increase by mail a few days after it was issued. The cover letter from the NYSDEC advised us we need to amend the solid waste permit before processing 4000 lbs/hr."

I will leave it to you to believe or not.

[Long2Retire]

There is a need for road repair in the area near the plant. Better roads may help more traffic to and from JBII. Possible consideration for delays in SWP.

http://niagara-gazette.com/local/x101438776/Bids-are-in-for-Buffalo-Avenue

"NIAGARA FALLS — A sign of progress is on the horizon for a long-awaited road repair project on Buffalo Avenue.

Officials in the city of Niagara Falls are currently reviewing bids for the reconstruction of the stretch of Buffalo Avenue between Veteran’s Drive and 63rd Street.

Mayor Paul Dyster said the review process is under way, but not yet completed. He said he is expecting the winning bid to be announced as early as next week. Actual construction is slated to begin this summer.

The $13 million project was supposed to be further along by now, but was delayed, in part, due a funding issue at the state level.

The original project schedule called for construction to begin last summer and for the project to be finished sometime around June of 2013. Construction was delayed while the state secured an extra $1.4 million needed to supplement funds already set aside for the work. Gov. Andrew Cuomo announced in November that the additional state dollars would be made available.

”We thought we were ready to go,” Dyster said. “Money has been tight at the state level. We thought they were prepared, but they weren’t quite ready.”

Long-suffering Buffalo Avenue residents and business owners have been waiting years for the road repair project to make its way up a list of projects eligible for reimbursement under the federal Transportation Improvement Program. The city received word last spring that the project had qualified for support through the program.

The project will involve digging up the pavement and rebuilding it from the ground up. New curbs, sidewalks and lights will also be installed. The entire project is expected to take about two years to complete.

”This is going to be a two-year project,” Dyster said. “Even under the best of circumstances, it wasn’t expected to be completed in one season.”

Clough Harbour & Associates, the construction management firm overseeing the project for the city, held an informational session in March to provide residents with information about the scheduling of construction and potential impacts on local traffic.

Dyster said he is expecting the company to hold another similar session in the weeks ahead to provide residents with updated information in light of the delay caused by the state funding issue."

[StockSpock]

Not quite, exactly, the solid waste permit limits the total amount of plastic (waste receipts) JBI may process. The current facility design capacity is 75 T per day, however, the actual limits are 5850 T per quarter and 18500 T per year.

To sum it up this way, I think the start up of processor #3 will coincide with the approval of the amended solid waste permit.

Hope this helps.

[wEaReLeGiOn]

"This is very easy to understand and it is thus thoroughly irrational, IMHO, to countenance the notion that a new SWP is even needed."

So will they be relying instead upon a "deposition vector" for the "easy understanding" of being "thoroughly irrational"?