RE:RE:Pyrogenesis the company - a not so brief summary!My bad Uncleron, I wrote $3M per plant, I meant per torch. From my understanding, an Iron ore pellet plant has ~50 fossil-fuel burners, each one gets replaced by one plasma-heated induration furnace built by Pyrogenesis:
https://patents.google.com/patent/US9752206B2/en You're right the original NR they said over 10 plants, meaning a HUGE player in the Iron ore pelletization industry - if it's Vale for instance, they have ~15 plants, like you mentioned $2.25B. Crazy.
I tried to keep the tone and numbers as conservative as possible, to show that even under the strictest magnifying glass, Pyrogenesis' potential and likelyhood for success is incredible! The peak is really too high to describe lol.
Uncleron wrote:
have to agree MazerRR, except with the iron ore torch pending sale. This client has " over 10 plants." that could be 15 plants , then the sale could be worth 50% more ,like $2.250 billion.... This is also a clue as to who this client could be , " over 10 plants " this shrinks the list. Also , is a plant a single furnace with 50 torches, or has a plant more than one furnace ?.... Mindboggling . Anyway , great positive DD. Very conservative & prudent. Cheers.