RE: "telling it like it is"IBR processes over 30 tonnes/day of biodegradable food waste with and expected increase of 50-75% in May due to a plant expansion1.
Really!!!!Anybody have the true numbers to verify this??? I have some questions....
Lets play shall we.
IBR produces over 3 tonnes/day of SG-100 (solid granular for commercial production) and over 60 litres/day of LC-200 (liquid concentrate), with a semi-continuous process, with operator monitor and control operating 24 hours/day, 7 days/week2.
So lets just see where that takes us if these numbers were going to be considered correct.
2,190,000 lbs of fertilizer and 21,900 ltrs of liquid. wow I just finished a start up plant that can comfortably produce 90-120,000ltrs a day of liquid.
Somebody want to do the math on the price point required for this plant to be profitable???
Organic waste is obtained by multiple drop offs per day from Superior Disposal Ltd. Superior pays IBR a tipping fee of $25 a tonne to dispose of organic waste3. Superior is the main waste management company used because they generally supply the daily capacity of 100 tons or waste4.
$25.00 per tonne for tipping fees? Anybody have the revenue statements showing tipping fees of 30 tonnes X $25.00 per X 365 days =$273,750.00
Hold on here. The magic key to pandora's box has just been provided to all who are concerned about this company.
Somebody post on this board the tipping fees from the financials.
Audit time if not.
Thin Ice