RE:none
Hundreds or thousands of torches? Lets track Iron ore plasma pelletization torches by now. Starting from the first one sent to Sweden. Less lyes and more facts. The source of this info is the NR from PYR website. Lets see the dates and progress of the torch sent to Sweden: - 01-07-2019: PyroGenesis Announces Winning Tender (>CAD $1MM) for 900 kW Plasma Torch System Sale. - 01-17-2019: PyroGenesis Signs Previously Announced >$1M Contract for 900 kW Plasma Torch System Sale - 09-18-2019: PyroGenesis Successfully Completes 900-kW Plasma Torch Factory Acceptance Testing; Receives Payments Totaling $936,000;Torch Shipped to Sweden. - 10-17-2019: PyroGenesis Successfully Completes 900-kW Plasma Torch Site Acceptance Test at RISE Energy Technology Center ABs Facility. 03-04-2020: PyroGenesis Successfully Completes all Torch Tests for RISE Energy Technology Center AB. So, it took 15 months from getting the contract to ending the test. And bashers want to sell 36 torches in a few months? Do you think a torch is a candy, a bycicle or a scooter? We are talking about a high technology disrupting machine and a contract worth millions. Lets see the client A, B and C development. 2 months after the succesfully sweden torch trial finished, got the first NR from cliente A: - 03-30-2020: PyroGenesis Successfully Completes First Phase of Torch Modelling Geared to Reducing Greenhouse Gases for Major Iron Ore Pelletization Client A 05-19-2020: PyroGenesis Enters Negotiations for Supply of Equipment with Iron Ore Pelletization Modeling Client. 06-11-2020: PyroGenesis Signs Second Modelling Contract with New Iron Ore Pelletization Client B 07-02-2020: PyroGenesis Provides Update on its Iron Ore Pelletization Torch Business. In this one Peter says he expects the first iron ore order for Q3. It finally got it on 11-24-2020. THERE WAS A LITTLE DELAY OF A FEW MONTHS, BUT THEY DELIVERED. A few months in this kind f technology and contracts means nothing at all. 11-12-2020: PyroGenesis Provides Update on its Iron Ore Pelletization Torch Business. 11-24-2020: PyroGenesis Signs Initial Plasma Torch Contract with Major Iron Ore Producer Client A. 06-03-2021: PyroGenesis Announces Request for Cost Estimate from Major Iron Ore Producer for Thirty-Six Plasma Torches Validation Continues. 09/14/2021: PyroGenesis Announces $6 Million Torch Order with Another Major Iron Ore Pelletizer Client B.