RE:RE:RE:RE:RE:Spring is in the airHahaha, no offense longs, but $90 MM sounds like the next drosrite contract, alone....the new pot dross recovery system is ready to go into production ASAP...This is why the wait. Peter now has the full meal deal to satisfy the drosrite recovery business. One contract per customer for dross & pot dross...this industry has had time to digest the results from Radian Aluminum...they know it is a smart investment that just got better for their ROI...Bean counters & the GHG emissions reduction factor , are on our side....expect much more than $90mm from drosrite sales this year....then it's on to ?....a lot more than a piddling $90mm dollars....every analyst is saying big markets, big share, with " disruptive technologies " which means the old teck is redundant, Pyrogenesis Canada has the new tech....like the one analyst said , the iron ore biz alone was a potential 10,000 torches....$90mm this year ?...probably 10 times that just for 1 torch deal out of the first 3 clients contracts. Vale could order 750 torches for their 16 plants either sold or leased...My estimation of 40,000 torches worldwide is not out of whack....Elon Musk is going to need thousands for the thousands of tunnels he plans on building......we are looking @ $ billions in contracts just from the torch division alone....1 division out of many, with more evolving divisions.....Tip of the iceberg $...I will eat olderdiaper's diaper if we don't have at least a $ Billion in sales this year , bare bones minimum......uncleron is always right !..cheers.
kjs4381 wrote: canyousayiii wrote: $6 billion market cap for $90 million revenues even if possible for 2021? Not quite sur market would give it that kind of premium unless there was another 9-digit backlog on the books.
Chrisgodfrey202 wrote: That represents a 200% increase in revenue for 2021. If the current base price is 8.00. Then that would suggest a year end rate of $24.. i think the revenue could easily be around 90, mil and that would suport a SP of 40.00. The actual price should be between those two numbers.
I think your numbers are conservative at 90 million. If three companies only order 10 torches each, to be followed by 10 more. That alone is the 90 million for 2021 and 90 million additional for backlog, and that's not counting other divisions. At this point we are all guessing but personally, I wouldn't be surprised at a 50 torche deal or more. A small deal would never take this amount of time. Jmo