RE:PETER
Peter should have found a way to equip an entire furnace with torches. 20 torches or whatever. if you have to give a great deal on these torches OK. the point is to sell 1000+ is it not ?
SO get it done already.
We can't seem to do even 1 torch in a timely manner - what does that tell the multi-billion dollar iron ore companies ?
I feel Peter is stubornly sitting on his patent for induration furnaces and saying $ 3M or nothing outside of the test torch.
Sell 20 of em for $1.5M. why not ?
He has clearly hit a wall in selling torches to iron ore companies and he needs a real world, fully functioning furnace with all plasma torches to show off. He could show that the pellets come out dryer than when all fuel burners were used and that is worth more $$$ to client. How do u do that with 1 torch ?
Looking only at the iron ore torches this has been a failure in management. Over promised with several hyped up press releases and interviews ( imminent, how many fingers, 500 torches and this is just 1 client, tip of the iceberg etc ). Under delivered for sure.