RE:RE:RE:5000 torches will be sold.Uncleron wrote: Uncleron wrote: May 12th 2020....Sp $0.69.....................................uote=Uncleron]
there are a hundred plants @ 50 torches each @$3-$4 mm = $17.5 Billion ??? ..Peter has multiplied yearly revenues from $3-$4 mm and then to $35mm with the imminent release of the Drosrite contract and cash $. ( Add the Swedish torches money.) That's a 10 $ times multiplication. land the $1.5 or $1.9 Billion torch deal and that is a lot of growth .Then a downpayment $$$ on torches for a boring Co. Is it possible this deal could become a contract worth a half $ billion or more ? We are now close to $20 Billion in contracts...Executive's in this industry have breathed a big sigh of relief because now they have solved their emissions problems and lowered operating costs and will save a fortune in carbon taxes which will offset the purchase cost of PyroGenesis torches. This iron ore contract , I estimate to be for 700 torches. 5000 - 700 = 4300 torches to go ! at a rate of 300 ( average) torches a customer it won't take long to bag those 4300 torch installations , How many more sales from now to May 2021 ? What else can PyroGenesis suddenly turn into a $$$$ billion ?? They have many applications already proven for their plasma technologies. Much much more to come. I'm probably being conservative again. SP " 69 " YIN & YANG. Something is coming. Cheers.
............May 12th 2020....to conservative as usual...[/quote]
You are talking monopoly here, when the technology be tested, proven and reliable, you can be sure some rich enterprises and countries will duplicated it, some how patent or not. How many cars manufacturers out there, and cell phone, computer chip etc...
It will be nice to be the first but PYR won't be the only one