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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: Steady_on who wrote (26801)	7/26/2012 12:11:57 AM
From: SteveF	Respond to of 53574

I am more convinced by my own spreadsheet analysis of the costs. Like I just said, new Marks daily... Call it a "cost matrix" and it'll attract more. Just ask Estimated_Prophet. Don't ask his family though.

To: Steady_on who wrote (26801)	7/26/2012 12:12:40 AM
From: SteveF	Read Replies (1) \| Respond to of 53574

Where did all the money go?

To: Steady_on who wrote (26801)	7/26/2012 3:23:45 AM
From: old 'n cranky	Read Replies (1) \| Respond to of 53574

"I am more convinced by my own spreadsheet analysis of the costs. I tried to have that conversation here but was never able to get past the resistance to the idea that plastic is available at no cost." I'd like to see that cost analysis. It's ok with me if you don't include a material cost for the plastic.

To: Steady_on who wrote (26801)	7/26/2012 12:10:52 PM
From: the_big_guy	Read Replies (1) \| Respond to of 53574

Steady: We have all missed something here. The "uplift cost" for a barrel of oil from a conventional oil well is $5. That is the cost to get it out of the ground, the Direct Cost. That number can be found on the internet. The reason why oil is at $80/barrel is the exploration and development of the infrastructure, which is getting more expensive all the time. On that basis, I can say that JBI oil is twice as expensive to produce as conventional oil. Can you challenge that statement? The point is, any analysis that does not take into account sunk cost to-date is useless, fruitless. Do you disagree? What do you project as the return on all of that money invested in the company?