RE:RE:RE:Just a FEW of the key points from today's NR....MazerRR wrote: Thank you developbc for highlighting the key details in the News Release, great job as usual!
Wow, what a doozie of a NR. Tons of good talking points in there. I like a lot of them, and they’ve all been pointed out already so I’ll just go over 3 bits that were not in the previous NRs from the first Iron Pellet producer:
“As such, all the industry players we are talking to have aggressive internally set carbon reduction targets and are actively seeking COMMERCIALLY READY technical solutions that will have a minimal impact on their operations.”
There are few alternatives out there to fossil-fuel burners (e.g. using biofuel/bio-oil is the only one I know of), however Pyrogenesis’ technology is to my knowledge the ONLY solution which is fully developed, simple, and ready to swap-in for existing burners, with very little downtime. NO significant additional research, technological progress, additional complexities & costs, or any kind or supply-chain modification is needed here. The results from the RISE contract lit the fuse of interest and everyone is lining up right now at Pyrogenesis' door.
I’ve been waiting for this NR to come out for a while now, it seemed inevitable as Mr. Pascali had stated Pyrogenesis was in conversation with multiple companies for burner replacement. The feeling I got from it is way beyond my expectations! In addition to the new bits of information that he provided, you can really feel the positivity coming through in his words:
"... we are highly confident that there will be a positive outcome as a result of these modeling contracts in the very near future..........."
And confirming Pyrogenesis’ preparations to supply in large scale is also a great boost of confidence:
“ 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.”
Trifecta (no detrimental effects/ CO2 reduction / cost savings), reduction in sulfur compounds and heavy metals, aggressive internal carbon reduction targets and clients searching for technically ready solutions… it’s like a shopping list of benefits of using Pyrogenesis proprietary torches.
Can’t wait for the next few weeks!!
Adding to the sheer beauty of the above details, is the ' piece de resistance ' . The near ' free money/great timelines for paybacks ' from financial institutes/ govts. to make sure to cover the torch costs of the PYR plasma torch, where/when reqd. by the Buyers.
Sincerely,
We're in the Money,
Best wishes All, good health,
Great Fortune,
Topseeker