RE:RE:RE:RE:RE:RE:RE:Here is my shares. Now where are yoursWhile Pyro has not put out new press releases for the sole reason of announcing new modeling contracts / discussions, as they’ve done for the first two clients, we now know of 3 clients - and
I strongly expect there are more than 3 by now. In the next NR on torch discussions (or torch contract signing!), we may hear about lots of exciting additional updates, as they did in the ‘Client A,B,C’ News Release on July 2nd.
Check out all the hints given out lately and you can judge whether Pyrogenesis management believes they will get high-power plasma torch sales to iron ore pelletization clients & others:
- On the Agoracom Q&A from June 18th, Peter hinted, regarding high power torch discussions for burner replacement ‘in discussions with more clients than I can count on my fingers’ (at least 10, that was a few weeks ago so you can imagine how many have contacted them by now)
- Peter’s comment on Agoracom: ‘This is all good and underscores the intense pressure the industry is under to address GHG emissions, and the amount of money being dedicated to address this concern. Our patented simple bolt-on-replacement is having a tremendous impact on the GHG reduction strategy of many many such companies.’
- “[Plasma torch competitors] would need to obtain a license from us as our patent has pretty much prevented anyone from using torches in induration furnaces.”
- “This all important First Phase demonstrated that replacing fossil fuel burners with PyroGenesis’ proprietary plasma torch (i) has absolutely no ancillary detrimental effects anywhere in the process or with the furnaces, (ii) results in significant greenhouse gas reduction while at the same time, (iii) projecting significant cost savings.
- All this interest is from producers that use natural gas and heavy fuel oil burners and want alternatives to help them meet greenhouse gas reduction targets/policies. We find that the proposition to reduce greenhouse gases emissions, and avoid carbon taxes, with a simple bolt-on replacement of their current environmentally damaging fossil fuel burners, is too compelling to resist. That, combined with the environmental pressure these industries are currently under (only recently a new trend has emerged where financial institutions are tying credit facilities and debt issuances to carbon reduction targets for multi-national industrial and mining conglomerates), has generated a wave of interest and proposals.”
- In management’s opinion, this is moving quickly, particularly in light of the Client’s size, the current pandemic, and how busy they are. This is just one of many discussions taking place with other producers in this, and other industries.”
- “This is the second press release announcing that a significant player in the iron ore pelletization industry has entered into a modeling contract with us, in the past few months,” said Mr. Peter Pascali, CEO and President of PyroGenesis. “This just underscores the tremendous impact our proprietary torch is having on the industry and, as we said in the past, this interest is spilling over into other industries as well (such as mining, metallurgy and cement industries).
- “In fact, it goes beyond avoiding carbon taxes,” said Mr. Pierre Carabin, CTO of PyroGenesis. “We see a global trend towards a zero-carbon economy, with the push coming not only from regulators but also from shareholders, investment funds and the general population. 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.
- [Client A]: 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.
- New Development – Client C A new potential client (“Client C”), who is not only a significant player in the iron ore pelletization industry but is also a major player in the steel industry, has entered into active equipment purchase discussions with the Company. There seems to be a high probability that Client C may bypass the modelling phase altogether (looks like they want in as soon as possible), however it is PyroGenesis’ preference to incorporate a modeling phase if at all practical.
- Barring any unforeseen events, we believe that it is entirely reasonable that initial torch equipment purchases will be placed in Q3 2020.”
- Although there is no guarantee of future contracts, 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.
- $1.5B in offering of global notes placed by Vale, maturity date set for 2030 which is the date of their 33% GHG reduction target. It’s very likely that a good part or all of this amount is for their GHG reduction efforts, and Vale is the most likely identity of ‘Client A’.
- Options granted to employees & management, so they can reap the benefits of the company’s future success (this success applies to all their divisions… lots to come in all but especially in the DROSRITE and AM powders division).
metalsmith66 wrote: Are you suggesting that there are no pelletization contracts, or that the chances of signing a pelletization contract is in question?
The companies news releases contradict your statements and in fact suggest that these contracts are proceding as planned. Since i dont believe that they "planned" for these contracts to fail, then i would not characterize their chances of success as "one BIG if".
SmiteWorx wrote: The ONLY reason we are all here right now is because of one BIG if.
If there are peletization contracts or not.
If the answer is no pelletization contracts, then this is a $1 stock(at the moment based on current projected revenue), it is as simple as that.
fdfd12 wrote: Scenerios mean IFs.
That is not the way to value stocks.
IF AAPL didn't come with the IPHONE, Blackberry would be $1,000.
If...etc
kingscorpion wrote: fdfd12 wrote: No have all my shares.
Trust me, I like PYR.
You guys saying $20 by end of year is nuts but I would BE very happy if it did.
kingscorpion wrote: fdfd12 wrote: | PYROGENESIS CANADA INC COM | PYR | Jun. 5, 2020 | Jun. 9, 2020 | CAD | BUY | 20,000 | 1.462 | -29,269.96 |
Bought on June 5 th for all we know from the recent rise you probably sold all your shares and waiting to get back in Because after selling your shares the share price kept on moving up and you were pulling your hair all day long from what I heard from one of your buddies
I am sticking to my math that got me this far. If 3 contracts are signed then the total potential revenue just from these 3 contracts will be about $6 billion cdn The net revenue from this will be $2.4 billion cdn Based on this the share price at forward looking PE multille of just 1 is over $15.00 So my year end target of $20 takes into account several more scenarios