Pyrogenesis Canada Inc T.PYR

1 contract - 500 torches not 50

[macallan25]

I highly doubt the first contract will be for 50 torches. The tech has been proven. Done deal. No massive company like Vale will want to do several contracts. That's like asking a flooring company to quote for the kitchen, then living room, then bedrooms, etc. Waste of time and resources. One deal, 500 torches minimum. Peter probably gets a down-payment of 10% or $150M, then $137.5M per plant or $275M every 2 plants completed. De-risks both PYR and client. Fair, and milestone based. That's my opinion. Maybe we will see this week. Hope I am right. I'm always the optimist rather than pessimist.

[Welderkev1]

I agree, as I suggested before, it doesn't make sense being the first person in a line, to purchase a small quantity and then have to go to the back of the line and purchase the rest of what you need. The line is only going to get longer. The longer it takes to outfit the plants the more money they lose. It has been stated there is no downtime to replace the fuel burning torches with pyr

[vers1demainvert]

The big Iron ore corp will not be jerking around ordering small batches of torches. They need these torches as soon as possible and they certainly do not want to risk having to lose their turn at ordering. PYR is running the show, they have the patent and customers are waiting in line.

[kingscorpion]

You doubters love to spin this to give a negative sentiment dont you. All agree there are more than 10 companies that also want to get a deal done So company A knows if they do a small.order then they have to get in line to wait till their turn comes back again. So what i believe will happen PYR will get the whole torch deal Moneys however will come in installments Perhaps monthly perhaps

[Casavantsghost]

Whomever owns this equity and sells at this point.. Well.. you fill in the blank.. lol They definitely should not be procreating is how I will leave it.