Some recent comments from Peter I'd like to share... 1) 3D printing activites will be producing and delivering powder to North American companies in "the very near future".
From his recent interview with Proactive: https://youtu.be/zC13Cud55c4?t=433
Thanks to COGT who brought this to our attention in his prior post. Obviously this indicates another line of revenue will begin to roll out in the next quarter most likely. Great news.
2) "All the clients we've mentioned, A, B, and C and others - are moving forward."
Agoracom Q&A: https://youtu.be/FSCaftQbQMA?t=4359
Of course, this has been reiterated in various press releases as of late; the indication things are moving forward is something you should consider when feeling shaken from a volatile share price. The share price now is irrelevant to the share price in 6 months, 2 years, 10 years, etc. Do you believe PYR will continue to grow its revenues and expand its technology applications? I do. That's what you should consider at times when a share price swings down. Don't be looking to beg for news releases in anger, as if the Company hasn't been taking consistent steps forward. News will come. Relax.
3) It's likely that the plasma torches are likely being looked at for implementation by at least one iron ore mine/pelletizer in South America. I think this is likely Vale... Research below:
Agoracom Q&A: https://youtu.be/FSCaftQbQMA?t=4709
When asked about the carbon tax, Peter says "In many situations there is no carbon tax... In South America, in some jurisdictions there is no carbon penalty. And they are moving forward with these things [plasma torches]"
So obviously, South America is home to some of the biggest iron ore mines in the world. We know Vale has most of its iron ore mines in Brazil... a country which does not have an explicit carbon tax. However, Brazil has explicit goals for reducing their carbon footprint... and so does Vale - a multibillion dollar company -as mentioned in the torch press release - And as discussed in the initial press releases regarding these torches, the client has made explicit commitments to reducing greenhouse gas emmissions. And so has Vale. I took this a step further and looked at some of Vale's websites and pages regarding their emnmissions goals and found this... and link is below:
Vale's Plans to reach the 2030 goal (Carbon emmissions goal):
1) Achieve self-sufficiency in renewable energy (zero scop 2)
2) Electrify and replace diesel consumption in mining and transportation activities.
3) Stimulate energy efficiency gains
Source: https://www.vale.com/esg/en/Pages/ClimateChange.aspx
(can find it under goals and deadlines)
In my view, this information together indicates it's almost certain Vale is involved with PYR's plasma torches and must be one of the clients A, B, or C... which we know are moving forward at this time. We know plasma torches literally electrify and replace a diesel consumption process. We know PYR is clearly in talks with multibillion dollar clients - and likely clients in South America... PYR mentions in its inital torch order press release that the company has made explicit committments to reduce GHG emmissions. All these things point to Vale - and Vale's explicit goal of "electrifying and replacing diesel consumption in mining" is another thing that really makes me believe this is one of those clients... if not Client A.
Whether or not you have fear or uncertainty about this particular business line emerging, I personally think you can be very confident PYR will make its mark in this industry in time... be patient and relax... let the technology move forward; this disruptive tech takes time... the long term is where the real money is made. Don't let impatience be the reason you lost on this investment.
GLTA