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To: old 'n cranky who wrote (20122)3/14/2012 1:22:43 PM
From: SteveFRespond to of 53574
 
Do you really think that the required data filing, if revealed, would show less storage than the presentation indicates?

I don't think they have nearly the tank capacity at 20 Iroquois to run the machines at their hyped capacity. If that permit data were still available we could run the numbers to determine how often those tanks would be topped off and production interrupted. Also from the last CC JB says it takes hours to empty one of their tanks. Applying logic it seems they would have trucks idling around the block waiting to load.

Same applies to the daily amount of feedstock required to meet the hourly hyped production rate. Not to go on another tangent but I'm thinking that new building was hastily constructed to hold feedstock as mandated by their SW permit (and likely required expansion for the promised permit increase). That's the excuse used so nobody asks why he didn't erect the thing over a year ago. Again, just a guess (but that's all we can do).



To: old 'n cranky who wrote (20122)3/14/2012 1:29:13 PM
From: SteveFRead Replies (1) | Respond to of 53574
 
The 2/27 Investor Update presentation said this:
Onsite Storage Facility
20,000 litres No.6
25,000 litres Fuel No. 2
10,000 litres Naptha


Here's the thing: last time the tank permit data was publicly available online those tanks were only permitted for "DIESEL" even though all of the products JBI claims to produce have their own entry available to use in that field:

See: Message 28010457

"Petroleum Bulk Storage (PBS) Notification for Tank Installation, Closing, Repair or Reconditioning"
dec.ny.gov

Product Stored (7)
0000. Empty
0001. #2 Fuel Oil
0002. #4 Fuel Oil
0003. #6 Fuel Oil
0011. Jet Fuel
0008. Diesel
2710. Biodiesel
2711. Biodiesel (Heating)
0009. Gasoline
2712. Gasoline/Ethanol
0012. Kerosene
0013. Lube Oil
0022. Waste/Used Oil
0259. #5 Fuel Oil
2642. Used Oil (Fuel)
9999. Other -please list :*


"NEW YORK STATE DEPARTMENT OF ENVIRONMENTAL CONSERVATION
INSTRUCTIONS FOR COMPLETING “SECTION A” OF PETROLEUM BULK STORAGE APPLICATION"
dec.ny.gov