I agree with you as far as processor demonstration is concerned. At this stage there is no public information about proved capacity. It may take some time before we will know because the first processors will deal with oil sludge and not waste plastic. It has taken some time to work out the detail agreement. Therefore the first processor is expected to leave Sweden for Iraque very soon now even if it has been ready for shipment for almost 3 months. The agree price the joint venture in which Cassandra Oil will own 50 % is about 40 million Swedish Crowns. That is in the range 6-7 USD, which is somewhat less than the number that is bandied about regarding JBII.
Cassandra Oil will not spend any more money to be able to deliver processors to a commercial size facility. That facility has been worked on for a few months and is expected to go on line in June. It will contain 5 processors. The plan is to produce about two processors per month a bit later this year.
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