A Blueprint for SuccessGood Day All,
Just going over a few things in my mind about PYR. Here are some of those tidbits as follows:
PyroGenesis talks iron ore pelletization torch business
2020-07-02 14:38 ET - News Release
Mr. Peter Pascali reports
PYROGENESIS PROVIDES UPDATE ON ITS IRON ORE PELLETIZATION TORCH BUSINESS
Client A
On April 30th, 2020, the Company announced the successful completion of the first phase of a torch modeling contract with Client A which successfully demonstrated that replacing fossil fuel burners with PyroGenesis' proprietary plasma torch (i) had absolutely no ancillary detrimental effects anywhere in the process or with their furnaces, (ii) resulted in significant greenhouse gas reduction while at the same time, (iii) projecting significant additional benefits. The subsequent phases were to be completed by June 30th, 2020 and were geared to further quantify the benefits of transitioning to plasma torches. These phases have been extended for up to six weeks with this additional data being incorporated into an ideal plasma torch configuration for this client.
Equipment purchase discussions are expected to be completed by the end of August, and incorporate the ideal plasma torch configuration identified during the modelling process, with the ultimate goal being to eliminate GHG emissions from all their plants.
So simply put, we all know PYR is being paid well too with doing the modelling for eventual torch biz. Plus identifying where plasma torch placements may prove of even greater effeciencies for the customer. Now, in my books, that is called the ' Customer Satisfaction Guaranteed ' and ' Continuous Improvement Guaranteed '.
Keep in mind that with these exercises in Modelling + Configurations, they can be used as blueprints for further successes with other future clients to be too. Certainly modelling can fast track getting the job done and being done well for Customer Satisfaction.
Also another tidbit of thought is that the currency of choice in International biz is using the US $ as The currency for trade ( doing biz). Thus the US $ is a constant while other currencies fluctuate in costs upon conversion to US $.
That is why when I saw the NR of the US Carrier biz, I believe strongly that the $$$ quoted is in US $. So, @ 1.36 for US conversion to CDN, the #s are massive for PYR in terms of revenues, cash flows, net income, etc.
Another eg. of International trade was a question raised by Hilbertk ( big thanks ) as follows:
USD or CAD
posted on Jun 22, 2020 02:33PM
Mr. Pascali,
Are you able to advise if the induration torch revenue (~3 mil) was in USD or CAD.
Thank you and have a great week.
Sincerely,
HK
The answer from Peter was:
posted on Jun 27, 2020 11:40AM
Dear Hilbertk,
I am comfortable confirming that it could be USD.
Hope that helps,
Peter
Thus I feel strongly that the torch sales @ $ 3 M are in USD. Thus upon conversion to CDN is $ 4.08M per torch. The implications are enormous for PYR and their shareholders. With that significant exchange rate, it alone can be an Extreme Positive Value upon any Risk/Reward analysis you may wish to use for PYR.
All food for thought.
Best wishes All, good health,
Good Fortune,
Sincerely,
Topseeker