Post by
dcowan on Sep 06, 2020 9:49am
First Contract - $50M (with phase gates)
Has anyone thought about the fact that a $1. something BILLION contract exposes a number of liabilities for both parties...? up until now, what the largest contract PYR has signed? US NAVY for 11.5M
I'm trying to put some scope on this and actually forecast where we're headed - I do believe everything will succeed but we're not going to $40 by DEC. Maybe a few Decembers from now.
Anyways, what are the experts predictions for SP with a $50M contract from Client A. I feel like that is within the reasonable expectation level.
DC
Comment by
Ordos7 on Sep 06, 2020 10:09am
I don't expect the initial contract with client A being anything less than 1 entire plant, which is 50 torches 3MM per torch, that's 150MM contract. We are also likely talking about USD, which translates close to 200MM CAD.
Comment by
Pitpitcolisse on Sep 06, 2020 10:14am
I'm with you that first contract is at least for an entire plant, might be more and could include all plants, so anywhere between 200M and 2B can $.
Comment by
Oilminerdeluxe on Sep 06, 2020 10:16am
Yes, Ordos7. That is the least we can expect imho.
Comment by
CndnBacon on Sep 06, 2020 10:36am
The absolute MINIMUM would be to upgrade a single plant ro start, which is 50 torches....so $150mm
Comment by
Stubbyinsider on Sep 06, 2020 10:40am
I would agree, that the minimum 1st order would be between 50-100 torches @ $3mil USD = approx $187 million to $275 million CND. From there, it will be a flurry of incoming new orders & contracts, so yes, $40 by THIS December is entirely possible, however i stick to my prediction of $25, but what the heck do I know.
Comment by
swampdonkey69 on Sep 06, 2020 10:55am
We will not be able to maintain any realistic SP until PYR upgrades to the big board. Vulture exchange will manipulate SP until then.
Comment by
developbc on Sep 06, 2020 2:00pm
TSX senior should happen soon enough. All the more reason smart money should be buying now before rocket launches. But to be fair in the meantime....almost everyone said pyr would never get over $1-2 on venture exchange few months ago back in March/April ....been doing nicely :) Pyrogenesis has the goods and will be in extremely high demand. TIP of the iceberg!-PYR CEO
Comment by
Welderkev1 on Sep 06, 2020 2:09pm
Back in February Bernard talked about telling people he was partnered with pyrogenesis and people's reaction was "they're a great company but they'll never make any money" LMFAO
Comment by
amillionorbust on Sep 06, 2020 3:05pm
Yes, I do believe him. That's why the first deal won't be $$ billions. He said it won't. Nothing wrong with hundreds of millions though. GO PYR!!
Comment by
Pitpitcolisse on Sep 06, 2020 3:16pm
I never saw or read Peter saying there wouldn't be billions in contract, can you show me where he "said" it. What I recall is him saying "nobody closes a 1.5B deal in 2 weeks" specifying that bying a house takes longer than that... I might have missed something, please provide link to what you pretend he said. Cheers
Comment by
Razorius on Sep 06, 2020 3:34pm
correct Pitpitcolisse. He didnt deny the $1.5B deal - only the timeline "nobody is closing $1.5B in a few weeks" which was back in mid-June (see link below). https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/742032-end-of-june-is-coming-with-the-first-iron-ore-client/messages/2271115
Comment by
Casavantsghost on Sep 06, 2020 4:37pm
Listen Leroy.. I got your bottle hanging. You gave your opinion, I disagree.. So we shall see what we see.
Comment by
Thinkbigsti69 on Sep 06, 2020 4:43pm
What opinion? I simply copied and pasted what Peter wrote to to a poster called Moi. This happened on the 16th of june 2020. Maybe you are unaware of Agoracom? I suggest you check it out. Please keep your temper in check from now on.
Comment by
kingscorpion on Sep 06, 2020 4:53pm
This deal with company A is already been in the works for 6 - 7 months so the deal currently at its final stages can be concluded by the AGM meeting on Sep 22nd. Perfect time to show off your GONADS to the world.
Comment by
Casavantsghost on Sep 06, 2020 5:27pm
You proved my point. You get the last word.
Comment by
vers1demainvert on Sep 06, 2020 7:15pm
Finally you understood,never let pro-Trump bozos get the last word.
Comment by
Thinkbigsti69 on Sep 06, 2020 7:22pm
Thanks Vers. i was going to let go of casavant ramblings but as i say what on earth would a trump supporter do on a board that supports green company initiatives such as PYR?
Comment by
Meeesad on Sep 06, 2020 7:45pm
I support trump, I'm here to back a disruptive tech company and make money. Simple.
Comment by
damnyourugly on Sep 06, 2020 12:41pm
You seem to be intentionally leaving out the $25m+ drosrite contract that we have.