RE:Plasma arc furnace are not Electric arc furnaces Tcheck it's all good. We are all trying to get to the same place and enjoy the fruits of what Peter and his team have afforded us. What a transformative technology and time to be in same.
I too need to be accountable in this moment with you. Because of what we see from time to time here on the board with entities of ill intent, I made an assumption that you were making an attempt to promote that i too was confused about after reading the Chalmers Thesis.
I only asked Peter privately because in the event I was incorrect, I didn't want to stir up a hornet's nest.
He told me I had asked some good questions and asked if he could post his answers on the board as all shareholders might benefit.
Had he not answered privately as I gave him that option as well, I would have been ok with that as well.
I always assume he is a busy man. I also assume private conversation are just that so I would have probably let it go and reread the Chalmers thesis again with toothpicks in my eyes.. lol
I will say that it was an extremely educational read and am better off for reading it.
There is a section in it that lays out and speaks to PyroGenesis torch and cost there of using it with or without a renewable source.
I think the very numbers sighted with regards to the PyroGenesis torch were pulled from the Thesis at some point and posted here.
I had always wondered where that came from and now I know.
So my apologies to you for making an assumption about your intent.
I am admittedly a bit protective of Peter who I believe to be just an amazing man of character and morality. What makes me say this?
Both he and Bernard have smartly used Agoracom as a tool to speak to us. If there was something untoward about all of this, neither of these two (or anyone) would put themselves out there as these two men do. This speaks volumes.
Body language.. voice inflection.. Just a couple things you can analyze about someone as they speak.
When I watched Peter's last Q&A, I was just completely blown away.
Such a humble man is he. He admitted not to just all of us.. but his own employees. A public rebuke of himself before all of us admitting he is difficult to work with at times. He is demanding. I think those who work with him and are invested in him understand this though.
When you are building a "Dynasty", there is little room for error and time often is the essence of success.
First to market if you will?
I post the thesis again especially for those who are new to the technology as most of us are.
I think it is worth the read as we are mentioned. I believe it was done in 2017. That tells you we've been on LKAB's mind for quite some time.
None of us are perfect by any stretch present company included.
As a parent of kids all grown up with their own children, crow was on the menu often for Doug.. lol
I will give you a stupid move example of my own. After Beachbuminmiami gave HOQ and Pyro to a small shareholder base on Investor Village for a Diamond play I've been in for 15 years...., Because I recognized him as a long time fellow investor, I went to look at what he was looking at.
I immediately loved both stories but... When I bought in May... and they began to climb.. I got out and took the $6000 between th two in profit.. I was in at .11 for HPQ and .68 for PyroGenesis..
What an idiot I became.. lol.
After recognizing my idiocy... I am now @ 16500 K at .62 with HPQ and 13600 @ 3.25 with Pyro.
Not a whal whatsoever but something I will set up for my grandkids. I am most appreciative for where I am in life. I have a beautiful wife, children, grands, terrific job with a pension and 401K.. more than I need or want so this investment is for legacy for those I love.
Thank you Peter and Bernard and Beachbuminmiami.
Tcheck my best to you and best of luck with your investment here.
https://odr.chalmers.se/bitstream/20.500.12380/256741/1/256741.pdf
Tcheck wrote: So casavantsghost you are right .
Still lkab is testing pyr s torches for a reason .
and i assume they (hybrit) will adopt them .i thought our torches were electric arc torches .sorry .
very crucial to know whether it is true because of the importance of the hybrit project and because of the similar
Goals we pursue .reduction of GHG s and use of electricity instead of oil in the process of pelletizing iron .
so mea culpa
i could have missed the ball completely .still hybrit project is an eye opener .we have to be part of it .so i hope we can be part of it even when we don t do electric arc furnaces like casavantsghost rightfully pointed out .
It would be better if you were wrong :)