RE:pipeline 04/16/2021Even if we get a contract that doesn't count for the quarter, any first major contract of any PYR vertical market would make the market anticipate more, so valuation would be higher. That's usally what's reflected in the P/E ratio. We have many examples of that; Facebook back then, Uber, AirBnB, etc .... Many Unicorns were losing billions of $$$ per quarter, yet, they had valuation of B$$$. I remember Uber being valued @ 70B$ despite losing tons of money each quarter.
So any first official contract (e.g. Client A) in the iron ore market would means that the 2 other known Clients (e.g. Client B and C) would soon follow. The market would be able to give it a higher valuation.
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StairwayTo - (7/12/2021 7:06:31 PM) pipeline 04/16/2021
Pipeline = final discussion as a supplier
Pipeline = in a leadership in a bid
Pipeline = “if concretize” Most would be expected within 6 months (now 7/12)
So please, don’t take this $65M in the bank, or revenue for 2021
If all of the above turns out positive, we’re looking at another year and a half for completion and revenue recognition.
We need a HUGE contract to keep this from keeping going down
The CEO himself stated many times, “Slow is smooth”
Hope this help pumpers to revisit