RE:RE:Lower torch price… Peter answered that question back in april. Please olderguy, instead of posting garbage do a little DD.
When mentioning that each torch generates "up to $3M of revenue to PyroGenesis", is that based on terms already agreed with this customer, or just a ballpark number for a torch?
Answer: Being torch experts we know what this type of torch should generate in “normal” circumstances…what do I mean by “normal”? i.e. priced competitively and not as a function of cost savings by the customer. Let me explain (and this is just to make a point and has nothing to do with the situation at hand: Say something is priced at $3M in a competitive environment, but say the same item is not priced in a competitive environment and brings $10M of savings to the client…don’t you think you could price it higher? Maybe $4MM? That’s my point.
Hope that helps,
Peter
vers1demainvert wrote: Why not the opposite? Maybe Peter is trying to get $10 million per torch because this is the only alternative for iron ore cos. I think they will settle for $8 million per torch LOL
Olderguy1 wrote: I know most of you have trouble hearing this, but I think we will not get a torch order until PYR lowers the price to at least $1 million each.