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 -- Ignore unavailable to you. Want to Upgrade?


To: jaxstraw who wrote (53135)11/15/2018 10:54:50 AM
From: PaperProphetRead Replies (1) | Respond to of 53574
 
"That often ridiculed 'peanut butter' company manages to chug along and stay in operations year after year."

Yes. Agilyx is the walking dead just like every other "plastic to oil" operation. They'll never produce a profitable dime but as long as new investment is greater than cash expenses, they'll stay afloat.

Converting waste plastic has elements which make it almost believable...as long as nobody looks too closely.

I've been thinking and feel that reading this board has been a little profitable for me. After kicking myself for missing the opportunity to short KIOR (I didn't realize it was publicly traded), someone mentioned LOOP a while back. At the time the borrow rates were too high but then Donpat mentioned it again earlier this year and the borrow rate was significantly lower. So thanks, Donpat, for the roughly $30,000. Unfortunately LOOP just tapped it's Faithful and Patient for some extra cash so they suddenly have a new lease on life until maybe mid 2019 so that makes staying short a little more uncertain for a while.