RE:RE:PYR MD&A : Is UBR behind a new order?Possibly, but not sure that section pertains to UBR. Just prior to that is the following:
"In Q2, 2015 PyroGenesis was contracted by Uragold Bay Resources Inc. (“Uragold”) to evaluate the feasibility of using Plasma for the purpose of refining ore into pure metal; in this case converting quartz into pure silicon metal. Successful completion of this study is expected to lead to an order to design, manufacture and supply a pilot plant. Within 3 months of starting the project, PyroGenesis filed a provisional patent for a one step process using plasma for producing high purity silicon from silica. The PUREVAP™ Quartz Vaporisation Process is a proprietary process that uses a plasma arc within a vacuum furnace to produce high purity, metallurgical grade silicon (MG-Si), solar grade silicon (UMG Si) and polysilicon from quartz. According to Uragold, this patent-protected technology could revolutionize the solar panel industry, thereby making it a more competitive source of renewable energy. PyroGenesis has granted Uragold exclusive rights to the PUREVAP™ process, solely for the transformation of quartz. In exchange, PyroGenesis will receive royalties based upon 10% of sales of silicon metal refined by the process, with set minimums. According to Roskill’s Global Industry Markets & Outlook report (2014) for Silicon and Ferrosilicon, the world consumption of silicon metal in 2014 exceeded US$6 billion."