Good point, but I'd expect that the excess of class V waste will produce an interesting supply and demand scenario. What happens to class V waste at the moment ? If waste producers comply with dumping laws, it's transported several hundred kilometres away at significant cost. When Envirotech is up and running, and the Utah authorities enforce their laws, there should be a strong demand for the waste disposal well in Duchesne, as it will be an attractive alternative to paying for hauling waste out of the state.
I'd expecting that Envirotech will slowly but surely get up to near full capacity, and that strong demand will allow charging of fees which will generate significant revenue for CSMA.
If you were a waste producer, would you want to be one of the 1st to sign up with Envirotech at say... $15 per barrel, or pay $20-30 for hauling by an interstate company, or pay fines in the 10s to 100s of thousands for violating dumping laws ?
I'm getting a warm fuzzy feeling, just thinking about the potential of this aspect of Coconino. Yes, it's been a long time coming, and yes, we're wandering aimlessly through penny stock limbo at the moment, but I'm way long and believe that our patience will be amply rewarded in time.
Regards,
Durro |