Comment by
ScienceFirst on Jun 04, 2021 12:08am
2) Iron Ore Pelletization Estimates total addressable market of PyroGenesis torches in the iron ore pelletization industry to be in the range of 10,000 torches, with market share assumption of 20% to 30% in the near-to-medium term (~2,000 torches to 3,000 torches) Estimates NPV of torch of US$3 million and gross margin in the 65%+ range (net margin of 30% to 35%)