RE:RE:RE:Is PYR really worth a $900,000,000 market cap?Just $670MM in USD
About 230 torches worth.
At 40% margin = $300MM earnings
A 10 P/E would give $3B
Not stupid at all.
I repeat...
from Metal 7's induration 'fuel oil' torch brochure... "Based on a typical induration furnace using 20 burners,
...the 500L will increase the furnace capacity by 2,67% due to a lower AIR RATIO for induration (T air /T pellets). Total estimated additional benefits of $US 2,2M / year."
20 torches is the average
PER furnace...
I furnace outfitted per month equals 240 torches.
I would deem that to be the exit rate for one year out after the signing of the first major contract...with a multiple of 2-3 in Year 2...Year 3...your guess???
...with ongoing maintenace fees as recurring revenue building in behind.
And now lets talk about the cement industry...
Who knows...perhaps Metal7's owners are taking positions in the stock as we speak as a form of 'insurance' against the demise of their 'buggy whip' offerings.
And perhaps Peter can make a deal with them to become a 'jobber' and 'supplier' as they retrain their current staff of 'buggy whip' artisans on the new 'horseless(sic) fossil fuelless' mode of pelletization heat.
That way they won't have to uproot their families from Sept-Ilses, and they have job security as their company starts participating in the 'green' economy.
Teeoff01 wrote: This is pure stupidity.
SmiteWorx wrote: It's justifiable in the expectation and paper napkin math that PYR will be closing in short order one or more $billion dollar plus contracts.
This is a $1-$2 stock at current revenue levels if this contract doesn't come to pass.
Although even without the the big contract, there is a reasonable expectation of solid revenue growth with additives and dross rite (but nothinig atmospheric) and other smaller projects.
gojotv! wrote: At over $6, PYR's 150M shares put the company's value at just under a billion.
Can anyone tell me how that's justifiable at this point?
Thanks.