Post by
BIGMOE on Jul 13, 2022 10:45pm
$100 Million Contract from Vale
I think Peter will suprise the investors with large contract from Vale.
As Peter indicated before:
1. During computer modelling, Vale was negotating for a single torch
2. Now the torch has been delivered, they requested 90 days delay. This is due to installion of civil and electrical infrastructure for the furnace. To me it seems that Vale is setting up infrastruture for the whole furnace.
I think Vale is negotiation with Pyro to supply the 36 torches for the furnace. I see possible large contract from Vale.
Vale always one step ahead of the project process.
Comment by
IFlyTheUnicorn on Jul 13, 2022 11:50pm
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Comment by
Dividends on Jul 14, 2022 9:23am
What would a 36 torch order make the SP rise to? 2M a torch (I bet they will get a discount). so 70M in revenue about. What's our P-E ratio? It will allow us to calculate approximate speculatory share price.
Comment by
Dividends on Jul 14, 2022 9:29am
From simply Wall Street: as Pyrogenesis is non profitable we use the price to sales ratio. I believe this would make it speculate to $4-5. I hope I am wrong and it's more than that..