RE:RE:RE:Tollingdevelopbc wrote: Post by @ AMPA-R
4m
Nice to see the tolling strategy continue to grow.
For those that don't know, from PYR's investor deck, there are 3 mil+ tons of aluminum dross produced each year, which translates to ~600 DROSRITE systems (each processing 5000 tons). Tolling of DROSRITE systems is PYR’s preferred strategy, which would ensure a consistent revenue stream for years to come while also providing an on-site, turnkey solution for smelters with NO CAPEX requirements.
Each system could produce >$1mil in recurring revenue, 600 systems is $600 mil, which is absolutely mind boggling. This doesn’t take into consideration that the zinc and copper industries can also be targeted. Combine that with the payments from 1000+ torches in iron ore pelletization alone, and you are looking at close to $1 bil in recurring revenue.
Long and strong PYR!
developbc wrote: vestmed wrote: I'm surprised nobody is talking about the tolling mentioned in the presentation. At 18:30 Peter talks about locking up the tolling contract soon and they believe it will lead to other tolling contracts with the same client. So this is the European tolling contract they were hoping to sign before the end of the year and now they are saying they believe it will lead to several tolling contracts so that is something to expect near-term.
PyroGenesis Canada Inc. (webcaster4.com)
Those who really pay attention how significant these milestones have been recently will look back one day and smile as each day gets more incredible. Multi divisions that can and imho dominate their targeted massive industries. As Peter states...it is extremely exciting and we are closer the goal line.
Long and strong PYR!!!!!
600 mil from these may be excessive as recurring revenue, if the soon to be 13 systems will generate in excess of 4 million (not sure of the breakup of 10 tpa versus 5tpa) that works out to about 1/3 million each. so potentially 200 million per year recuring. (i'm sure the revenue if there were set up as tolling would be significantly higher possibly reaching the 1million each you suggested.