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.
Gold/Mining/Energy : JBII - The Secret Catalyst Turns Plastics into Oil

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Rawnoc4/25/2012 7:33:30 PM
2 Recommendations   of 704
 
As much as it breaks my heart to destroy and annihilate a baseless conspiracy theory.....

Total production pounds = 602,733.84
Total feedstock pounds = 640,800

That's a 94.18% yield.

Your yield estimates aren't even close to reality. For some strange reason you took an entire year's worth of feedstock then only 1/2 a year's worth of production and created a yield. 1/3rd of the year's feedstock & residue was in the first half of the year. Logically, 1/3rd roughly of the fuel created was during that time too. Which is probably why your numbers are massively off by nearly a 1/3rd. :)

Now JBII claims an 86% yield. I suspect their fuel is lighter than traditional fuels being how clear and ultra low sulfur it is.

Congrats though on finding that ultra conservative single mention in the 10K. I suspect since it was part of the business overview they were oversimplying the numbers in the initial presentation since, after all, it's the business summary section. Elsewhere it gets more specific and confirms 86%+
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext