RE:Before getting too ballistic with price forecasts pleaseThe margin that PYR makes on sales is an important parameter. Rainorshine59's 33% may be too low. Looking at the last three reported quarters (Q1-3 in 2019), there seems to be a fairly fixed component of the cost of sales. The best fit of the fixed component comes out around 350 to 380 k$ per quarter if one assumes that the direct cost of sales is 38% of revenue. i.e. A gross margin of 62%--not unreasonable.
Based on my assumption that the initial order and delivery in Year 1 would be to retrofit one furnace (a test run, essentially, to make sure that there are no hidden surprises), 50 torches at PYR's anticipated $3M each would add around $93M to PYR's bottom line -= ~60¢/share.