This site is not endorsed nor operated by JBI, Inc. The information provided herein is based on opinions, conjecture, and speculation, and is not intended to induce buy or sell decisions. Investment decisions should only be made after consultation with your attorney, CPA, or registered investment advisor and then only after careful due diligence investigation and reading all government filings at http://sec.gov.
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Please comment on this post.
Note: Only a member of this blog may post a comment.