RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Upcomingdufjam wrote: Nap - you inspired me to post a question to Bernard on agoracom regarding the royalty payment agreement. Let's hope he can offer some insight.
Napoleon001 wrote: lol...maybe all the if's and or's and maybe's is what the market is seeing...12 cents... while you won't find any of that in the PYR agreement re: their 10% royalty based on gross sales...sweet deal totally loaded in PYR favor. Cheers, Nap
dufjam wrote: To reference Bernard again from his last interview, once operational the pilot plant will help gain a much better understanding of the capex/opex moving forward. Only then will we understand what purity we are creating and from what feed, and what the capex numbers will be when we scale up even futher (ie. to 2k and 10k TPY plants). 10% royalty sounds like a lot, but it is all relative to what kind of capex/opex reductions we see versus our competition. IF HPQ/PYR pull this off as planned, and the estimates in the corporate presentation ring true, then both PYR and HPQ will be handsomely rewarded.
If Plan B occurs where our main business is spitting out 3N+ with low purity feed, perhaps HPQ and PYR will revisit the contract. Or perhaps it will still be profitable with a 10% royalty for both, if the system is efficient enough.
It is yet to be seen whether the 10% royalty is a 600 pound gorilla or a cute little fuzzy baby gorilla.
Napoleon001 wrote: While revenue and profit both refer to the money a company makes, it is possible for a company to generate revenue but have a net loss. This occurs when debts or expenses outstrip earnings. For the 2014 and 2015 fiscal years, JCPenney generated revenues of $12.26 billion and $12.63 billion, respectively, and net losses of $717 million and $513 million, respectively. Read more: What is the difference between revenue and profit? | Investopedia https://www.investopedia.com/ask/answers/122214/what-difference-between-revenue-and-profit.asp#ixzz4mdoLaCIV Follow us: Investopedia on Facebook Does everyone understand the difference between paying PYR a royalty of 10% of Gross Sales vs. 10% of Net Profit? Going to be a bitter pill to swallow if 10% of Gross Sales ends up being close to or even greater than 100% of Net Profits! Cheers, Nap
uncleronstips wrote:
good post Dufjam. Sure is a lot of whining on this BB. Rome was not built in a day. All the timelines are ' fluid ' nothing was set in stone, no company can control so many variables. Why the snivelling about the 10% royalty ? This is a once in a lifetime opportunity , and I'm sure there are many companies that are quite willing to accept. It's not a net smelter deal. In fact HPQ got the fantastic deal. This PurVap technology will take HPQ from the outhouse to the penthouse. Time for some of you to get outdoors , it's summer time ! Leave the heavy lifting to Peter & Bernard. Cheers.
very well written let's hope for a prompt response. (Nice PS at the end)..... other companies are starting to see funding. If/when we get it make sure your positioned before. This will alleviate any need of a pp going forward. Let's hope we don't strike out here. We are still waiting for both the Pyr interviews betweeen George and peter pascali, and the interview pertaining to the presentation for the gold co. Maybe everyone has left for holidays?