Replies to post #200402 on Plastic2Oil Inc (PTOI)

[seeksup]

Actually I think the conclusions are based on 2,000 lbs/hour based on the following:

* They report that they only witnessed the processor running at 2,000 lbs/hour due to permitting restraints.
* Over the 3-day period, the unit processed 121,318 lbs of waste plastic. 3 days = 72 hours. 2,000lbs X 72hrs = 144,000 total lbs at an absolute max. So, it looks like they did run it for three days at 85% uptime.

The trial yielded 80lbs of fuel for every 100lbs of plastic processed.

The conclude that at 75% uptime, and an 80% yield, while processing 2,000 lbs/hour, the processor can generate $28M per year EBITDA.

Based on all this, I'll go ahead and conservatively say that we can get an EBITDA of $50M per year per processor at 4,000lbs/hour. Me likey.

(Oh and I can't respond to PM's but thanks for the message)