It's probably down to $1.3 million or less not including any increased fuel sales or margins.
Selling a single processor will cover how many quarters?
Let's have a lookise based solely on numbers that do not lie...Well they are JBII's numbers so you can't be 100% certain of their accuracy <-----joke....pun intended
But given the benefit of the doubt.
JBI, Inc. Announces Highest Recorded Quarterly Fuel Production
For the three months ending September 30th, JBI, Inc. reported a total of 170,725 gallons of fuel produced
the Company reported $302,275 in total revenues
Average cost per gallon was $2.03 per gallon
The gross profit related to fuel sales, $13,686,
That's a profit of 12.47 cents/gallon. We are up to speed to this point right?
Now let's assume cash burn is $1.3 million for the sake of argument.
Using profit from fuel sales of 12.47 cents per gallon and a cash burn of $1.3 million, in order to just break even JBII needs to produce and sell _________ gallons of fuel. You fill in the blank and get back to me on how that is going to happen?
And who will buy a processor when the requirements to make a profit can't be obtained by running it at full capacity? The cost to operate it is greater than the return.
Market Data 
Markets 
AI
