RE:RE:RE:Math Problem. I spent about 8 more hours after work yesterday watching recent and old interviews with CEO Peter Pascali that I've missed as well as researching their products and other lines of business... and I must say Peter's comments often lined up with the future events and deals that occurred. He is careful to give timelines, but his optimism or emphasis towards certain items often lines up with future results.
In regard to "speculated contracts" there is no doubt in my mind that following this intitial one torch order (which is a HUGE deal that cannot be understated), that this will be leading to follow up orders following this "trial run" if you will.
Investors should consider that these are deals with a conservative and slow-changing industry, but now the foot is more than just in the door... The torch is in their house! A multi-billion dollar company does not just do a 1 torch deal for charity. This is the first step in a serious transition to plasma torches to reduce GHG emissions and reduce operational costs/penalties. I also would echo Peter in that this 1 torch deal benefits PYR more in the long run as it allows room for adjustments in terms of spare parts, cost efficiencies and so on (for both parties). It also, as I previously mentioned, allows PYR to price in potential benefits of the torch use on the next contracts - as this 1 torch deal allows them to figure out exactly what other benefits there are. They did a similar strategy on Drosrite and were able to up the selling price of each consecutive contract made.
Reduction of GHG is a huge pressure and burden on industrial companies and PYR fills this need for various multi billion dollar industries. This is not an overnight story. Buy, hold, and trust management will continue to make the right plays as they have shown they have been. Whether or not this company becomes as big as some other tech giants is irrelevant; this is clearly going to be a high impact technology and the fact these big players are looking to adapt and take on this new tech is reason enough to be positive on this company/stock.