ScienceFirst wrote: Gogotv ... No kidding! You care spending time here for something you believe has 10% of chance of succeeding!!! Wow!
Sad that you tell us that you have sales experience. Usually, salesmen are not seen as honest in their answers. Only focused on their pocket, ready to lie to get a sale. Which ressemble your presence here.
Funny that you didn't consider (or intentionnaly omitted) couple of basic key elements here;
- this is an industrial Client for which there is not many alternatives
- PYR owns a patent on this plasma torch for the iron pelletization market
- fossil-burners have not been displaced by other technologies over the last 40 years
- I posted 2 scientific papers (2016 and 2020) confirming the benefits of plasma torches over fossil-fuel burners
- 3 iron pelletization Clients have shown interest and advanced to a next step
- PYR did a pilot in Sweden in 2019 that confirmed the viability of such technology over the legacy technology
- This Client A has done a successful pilot with 1 torch already. So it's not like they didn't collect data or that it was for a first buy!
- This Client stated this on Sept. 01, 2020:
is pleased to announce the completion and acceptance of its modeling contract with Client A (the “Client”) which confirmed, amongst other things, that replacing fossil fuel burners with PyroGenesis’ proprietary plasma torches addresses the Client’s greenhouse gas reduction strategy/policy. - Other similar Client (Clietn B - so Rio Tinto) informed PYR that after the 4 torches on Sept. 21, they expect to buy 130 more.
Clearly, you're not impressing any here with your "sale" experience! It lacks depth. Coming from a salesman, that's not surprizing.
But according to your own statement, what do you do here if PYR only has 10% of chances of winning such contract? The answer is easy; you're bashing this stock to have the ability to buy more on the cheap side with a FUD strategy. So that's because you know this technology will work. Otherwise, why would you spend a dime investing in something that would fail?
But you're right. There's no garantee in life. So I bet your 3$ range target will never materialize.
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gojotv! - (11/1/2021 1:46:51 PM) RE:GogoTV Dude, you clearly have no sales experience.
I do.
For every ten "requests for quote", one buys.
And for the one who does, a request for quote means they want to see what price to start stalling and dickering from.
Business isn't magic. ScienceFirst wrote: GogoTV thinks that, on June 3rd, Client B asked for a Request for Quote (RFQ) for 36 torches because they didn't have anything else to do. ... lollll