RE:Now is the time to buy ! WHY ? Completely agree!! - There is currently a global momentum to switch to more environmentally responsible solutions. We are seeing global impacts in the EV markets with announcements that Sales of External Combustion Vehicles will be banned in countries such as Europe, China, parts of the US and provinces in Canada by 2030/2035/2040 and this trend is sure to continue with other countries as the world adopts a shift in technologies, infrastructure etc.
https://www.nytimes.com/2020/09/23/climate/california-ban-gas-cars.html
https://www.reuters.com/article/us-autos-canada-emissions/quebec-to-ban-sale-of-new-gasoline-powered-cars-from-2035-idUSKBN27W289
https://www.nbcnews.com/news/world/britain-ban-sale-new-gas-diesel-hybrid-cars-2035-n1129616
The EV Market is rapidly expanding with 1.2 million passenger plug in cars sold in the first seven months of 2020 (Tesla share price at $580+) and this trend is sure to be repeated in industry as well. There are so many previous postings regarding companies and their supply chains that use fossil fuels that are moving to eliminate their GHG emmisions (Vale etc.) which validates this very fact.
"If everyone is gonna need an Electric Vehicle you can be sure that industry will need Electric Plasma Furnaces" so the question then becomes: who is better poised than Pyrogenesis to provide this solution to Industry?
ElanS2 wrote: Weak hands are no doubt creating tax losses by selling now.
The modelling done so far was virtual, all numbers on paper, as to what should happen in the furnace.
The prototype unit sold will be a real world test of the virtual model.
The unit tested by the Swedes was a smaller version of the real prototype.
When the results of a month of operation are made public they will propel the price of future torches and the SP in the right direction.
This is much like the creation of a new aircraft: all kinds of modelling, then build a prototype, fly it, fix what you don't like, build another one, all the while selling places in the production line, and improving the machine from one to the next one until all is settled and stable. The first operator will get the best prices and others will follow all that while margins are going up as production costs go down.
We are at the start of a true ramp up.