RE:RE:RE:RE:RE:Plasma torchesSpot on, ntcse!
If we get into these different "markets" all with the same customers, what a superb fit!
Sounds about what PP once called out the "low hanging fruits" to be sought-after!
Great things are about to come our ways,
Gee
ntcse123 wrote: Yes makes sense, there's so many R&D directions and limited talent - might as well see where client relationships get formed. For client relationship moat, to clarify it's a moat since these relationships are very sticky, it takes a while for these big conglomerates to 'certify' / trust a new vendor and when you have proven you can execute as a vendor, you will get repeat business and have the 'golden ticket' as Peter says, you are in the door already talking to the executives and seeing what other problems you can solve for either other parts of the process (like they are doing for Drosrite) or for different business units within the same client company. So for example Rio Tinto does iron ore but they also have aluminum production ArcelorMittal does iron ore but is also huge in steel which is another application Peter is looking at in future possibly.
Pitpitcolisse wrote: They have the patent in iron ore straight grate induration furnace only, and Peter stated he would not try to patent other metallurgical usages as the market should come to us once our torches are validated in the first market. Defenitely not going for generic torches but can't say either that we will always be the only player in this field.
ntcse123 wrote: PYR is not going after the generic torch market, they are going after areas they can patent like iron ore pelletization and maybe from there more value adds that they can resell to the same customers. The moat is the patents + client relationships.