Replies to post #249664 on Plastic2Oil Inc (PTOI)

[MorningLightMountain]

about a year ago, CFP was imminent.....then I guess some plastic got wet or something?????

2014, here we come.....

[Rawnoc]

I agree they can do more to be more specific about many things. And they should. I disagree though that whatever they did do on P3 is the final, that's it, never going up from there that's being implied. Processor 2 also started out very slowly. It didn't do what it did in Q4 its first quarter. It remains to be seen if they'll get up to sustainable 3,000 lbs/hour with P3.

"During the second half of the third quarter, we were able to run Processor 3 at higher sustained feed rates than on its initial cycle and we continue to conservatively increase feed rates to approach the processor’s optimal production capacity."

"Ideally, we are looking to consistently run at a total of roughly 3,000 pounds an hour on Processor 3"

Yes, it would be nice to know what the "initial cycle" rate was and what the "higher sustained feed rates" were instead of vague terms. If they get to 3,000 pounds, the machines will be monsters worth multiples more than the market cap.

[pacrat]

bueno,

You make a number of good points but I do think you're writing the P3 epitaph too soon. The way I read things which admittedly, is difficult given the unfortunately nebulous corporate releases, P2 may have been the more productive processor during Q3. That would suggest that P3 is still being adjusted/optimized. It would make no sense that the final permutation of P3 would be inferior to P2. I expect more news and better production going forward.