RE:Very good results, backlog and potential pipelineFanDuCh wrote:
Nothing more to say. Upward and forward! Fan
Looking good regarding Drosite...next few weeks will be exciting:
DROSRITE™
Within the DROSRITE™ offering, the Company continues to aggressively explore horizontal growth opportunities. The Company is currently bidding on an up-stream opportunity valued at approximately $40MM.
DROSRITE
After experiencing some unforeseen last minute contract clarifications/interpretations the Company expects to be able to announce, within the next few weeks, the conclusion of a joint venture relationship with an existing and proven technology provider.
Plasma Torches
To date, everything is proceeding as expected. Initial discussions have evolved into confirmation stages which typically consist of a computer simulation followed by a small torch order. These confirmation stages are expected, if successful, to result with a roll-out program to replace fossil fuel burners with PyroGenesis’ plasma torches in the iron ore pelletization industry, in which PyroGenesis is patent protected.
All indications to date are that the iron ore pelletization industry will be a large user of PyroGenesis plasma torches.