Tuesday, September 21, 2010

techisbest speculates on JBII potential by year-end 2010


My hope for where JBII will be at the end of 2010 (I consider this extremely aggressive and assumes the permit is granted quickly):

- 3 processors at the Niagara Falls facility (the last two operational towards the end of the year)
- Waste plastic suppliers contracted to supply a continuous stream of plastic for those 3 processors
- Blending site operational and processing P2O output from N.F.
- Fuel sold from the blending site. If the plastic suppliers can purchase the fuel at a small discount to market prices, that's OK. Selling at market prices to distributors would be great.
- Florida JV has one processor installed and has started the permitting process
- More JV's are in line behind the Florida site, waiting for their first processor to become available.
- First revenues from P2O are reported, along with numbers indicating how much oil is being produced at the N.F. facility.
- A report from URS (or equivalent) validating the data coming from JBII

That would be a lot to have happen in the next three months. But if JBII is as far along as they indicate, then with everything going smoothly it is possible.

techisbest

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