Replies to post #251921 on Plastic2Oil Inc (PTOI)

[gandalf48ct]

and the main point would be...they are not a production company...also shared at the AGM today... So...really....who gives a hoot precisely how much they "produce" in barrels ....when their intent is to produce machines.

[XenaLives]

I'm sure it will be automated at some point - once they have collected enough data to make a coherent program.

JB won't stop until he gets the ultimate machine.

[budge]

i'm no fan of jbi but this situation as explained is probably the most realistic explanation of things that I have come across. I haven't followed all that closely, but expectations here have always been overblown. your sense that the explanation is bullshit is a to be reasonably expected.

I have more years than I like to admit to dealing with machines and processes. what engineers, in their pursuit of beauty and symmetry always underestimate the effect of variations in a process.

any process that operates in a variable environment requires constant judgment. the more variables there are, the more complex the judgment required. a lot of money has been spent trying to automate things that seem easy to the engineer, and I have seen many go broke while depending on that automation.

it take a great deal of data to come up with automated controls and the more variables there are, the more data that is required. it may take 10 years of data, and still not be adequate for the occasional wrench in the works.

I have personally experienced production differences like those jbi is experiencing. the remedy is training of personel and continuing adding of sensors and other means to give adequate feedback to automating systems.