In regards to PYR supply chain:
As we are all aware that it is of the highest of probabilities that these torch clients will buy torches bc we know they not only want...they absolutely need PYR torches....why on earth would you shore up supply chains agressively.
NOTE: Supply chain(s) as in plural - several different suppliers whereas the sum of them will make the whole and brought together like an assembly line which is smart move so none of them can even try to replicate what PYR is doing. But rest assured NO ONE can apply plasma torches in the induration furnace process as ONLY PYR has the patents! Peter stated that in one of his interviews. The shoring up of the supply chain was also stated in past tense as in PYR as this has already been done!
Although I don't agree fully we will scale out 1000 torches by the end of the year BUT don't surprised if PYR can assembly line mass produce in 2021/2022. I believe that is their goal but as stated PYR can currently handle any reasonable size big order. For now let's just see the intial torch order from either CLIENT A, B , C etc.... that will solidify the direction for eventual full swap out of their entire plant!
1. Here is what PYR CEO stated CLEARLY in recent NR which demonstrates extreme confidence:
A. PyroGenesis has already not only contacted its existing suppliers in anticipation of any orders of size, but is also actively expanding their supplier base to mitigate any supply chain risk of significant orders. PyroGenesis’ management is confident that the Company is now well positioned to address any anticipated demand.
B. Torch manufacturing capacity comment posted on Agoracom
Hello Peter,
First of all, great work to you and your team and employees during these dangerous times.
I would like to know the theoretical current maximum number of Pyrogenesis iron ore pelletization torches that could be manufactured in house, from start to finish, on an annual basis given the current manufacturing environment.
PS - I hope your son is still holding his shares.
Cheers!
Hi Aarman4,
This is a number we would like to keep under our hat for reasons relating to negotiations. What we have stated is that we can address any reasonable order of size. Plesase note that we have said that the torches do not have to be manufactured in-house from start to finish.
With respect to my son…he is still holding…. thanks for asking.
Hope that helps,
Peter
2. PYR production assembly line methodology:
May 16,2020 Agoracom: No, every project will not require a custom build. In fact, our current torch (Sweden model) is already an “off- the -shelf” offering. What I mean by “off-the-shelf” is that the torch would largely be identical for all applications, perhaps only differing in the attachment method to the furnaces, but this is only a minor adaptation.
Should therefore be very much like how they will unroll Drosite with their intention to mass produce as stated by Peter previously:
In the same March 2019 NR (linked above) discussing the Agreement with then un-named Drosrite International & Radian, Pyrogenesis stated:
“In addition to this latest Agreement, we are actively pursuing other tolling arrangements through our new, multi-billion-dollar global partner headquartered in Japan, which we announced in November, 2018. Our business development team, together with our Japanese partner’s upper management, recently returned from our first series of on-site customer visits, all of whom requested moving forward to the next step. This contract, along with other discussions we are having with various players worldwide, should enable us, together with our Japanese partner, to provide a cookie-cutter offering, and rapidly roll out our on-site tolling business worldwide.”