SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donpat who wrote (15487)12/18/2011 7:59:53 AM
From: donpatRead Replies (2) of 53574
 
JBI's accumulated losses are what today - $25 million?

These South African plants could supply 60 plants for that amount of money and be paid for in 2 years, thereafter generating profits of 60 X $2.5 million/yr = $150 million/yr.

What is the point?

The point is that this JBI venture is an uneconomic lark!

And the saps who invested in JBI - what do they get?

A hard lesson in economics 101.

And the plants handle MULTIPLE feeds, not just plastics.

Now this may NOT be the greatest cartoon ever but it IS funny.

Eh?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext