My conservative SP estimateIs $15 per share without adding PE or the market stampede that will accompany the 1st big NR. That is for each $1 billion in value. A $1.50 SP increase is likely in the first 2 minutes of the NR......there are many possible NR's that could come before the 3 iron ore torches contracts are official.....the backlog will keep feeding us NR's well into the future and beyond this year.....not too many companies with this massive upside....After the confirmation / signing of the first 3 or 4 or 5 contracts I'm expecting the markets will value Pyrogenesis over $100 per share , easily.....Uncleron is always right !.... Cheers......BACKLOG $$$$$$$