Replies to post #213960 on Plastic2Oil Inc (PTOI)

[mikeo56]

Dang, I should go to the dump and start sorting out plastic.
What have I been doing all my life?
Did you say
1500 dollars a ton.
I know what I'll be doing tomorrow.

STOP AT STEP 1, sell the plastic and you can possibly make a profit. The open market price for separated plastic goes up to $1500 per ton!

[sneakpeak]

They receive a large percentage of the plastic, ready to use, absolutely free. No sorting necessary. Your calculations are not even close dude

[Arthur Edward Whoof]

You still don't get it....

If you have a sorted stream of plastic

"IT'S WORTH MORE AS RECYCLED PLASTIC"

Just sell the plastic and

YOU WILL MAKE MORE THAN THE VALUE OF THE OIL YOU CAN MAKE!

Someone has to catch on already...

Step 1. Get specific sorted plastic #2, 4, 5, and 7

Step 2. Make Oil


In step 1 you must buy presorted plastic

OR

You must separate the plastic from a waste stream


If you buy presorted plastic you will pay a minimum of $600 per ton for it

If you separate it from a waste stream you will have plastic that is now worth at minimum $600 per ton on the open recycling market.


www.plasticsnews.com/resin/recycled-plastics/current-pricing


In the BEST POSSIBLE CASE SCENARIO here is the math-


One ton of plastic / 8lbs per gallon of fuel = 250 gallons

250 gallons / 42 = 5.95 barrels of fuel

$110 sell price per barrel amounts to a total of $655 oil from one ton of plastic


In step 1 you could PAY $600 or SEPARATE and create a $600 commodity…

Either way you have SPENT $50,000,000 to end up with NO NET PROFIT

Because it will cost more than $55 to separate the plastic.

Once you have SEPARATED the plastic STOP AT STEP 1, sell the plastic and you can possibly make a profit. The open market price for separated plastic goes up to $1500 per ton!

Did the SAIC report did not address the cost of feedstock vs. the open market value of the feedstock?

So at an average price of $1000 per ton for the separated plastic…

IF you could separate enough plastic to run just one reactor at 100% for a year… (that in itself will be quite a challenge)

Just selling the plastic outright would generate $17,520,000

OR you could spend $50,000,000 of shareholders money and put that $17.5mil plastic in a reactor and hope it can run long enough in a year to make $10mill worth of fuel. (and lose $7.5mil a year vs the value of selling the plastic… not counting ANY other overhead and expenses)

Hell, build 3 and run them to lose $22.5mil a year vs the value of the plastic, but be sure to string your shareholders along for as long as possible…

Sounds like easy OPM in the bank!