Replies to post #250225 on Plastic2Oil Inc (PTOI)

[buenokite]

Great analogy. And they played #1 in your list as long as they could and are now hoping people buy #2. And avoided #3 like the plague.

I would only add when they played #1 they tended to say "Ohhhhh the goose was about to lay 30 golden eggs but then _____________ (fill in your favorite tinker/nefarious act by boogeyman.

Made a sticky.

[exogyra]

It's hard to dispute your post, but I have one question only. Is RH not an insider, and why would he increase his long-standing investment on such a scale unless he is confident of the future?
ex.

[Steady_T]

If it was urgent, they would shut down the processors and add the flow meters doncha think?

The fact that they are waiting for a convenient time that doesn't disrupt production tells where the flow meters rank in the priority list.

[stocker11]

Or, it could be as simple as wanting figures for processor # 3 only to show potential buyers. Sound pretty legit to me - no?
I, for one, am glad they are bringing processor 3 up slowly. If there are small problems they can deal with them without it becoming major problems. A small fix may resolve a small issue but starting at 3000 or 4000 lb/hr. could create major problems resulting in major repairs/extended down time. They'll get there, and it looks like they hope to do so this Q.
Should be some updates at the AGM.
But isn't nice that we can be armchair quarterbacks with the added benefit of 20/20 hindsight and a crystal ball to see into the future. These guys are working in real time with a brand new technology the results of which creates end-user fuel. That's never been done before. Slow and easy is the name of the game right now.