RE:RE:RE:RE:News Today?So your story is that Vale just sort of forgot over the last year and Peter and his install crew just sort of forgot to look for transformers... and it took 4 months to get to Brazil ... and peter just happened to unload around a million shares in the last quarter and didnt have a clue there was issues or that the boat was caught in the bermuda triangle. Love to see the waybills on this shipment.
Even better where is Vales press release bragging about how green they are becoming.
And since 1993..yes 1993... these clowns never figured out that the wall socket wont work to power this.
And now your story is Vale is spending tens or hundreds of millions to supply infrastructure for the entire 36 torches needed without even testing one....and they already know they need 3 mws as 1mw wont do it.. So thats your story...?
And amazingly PYR just found out about the delay BUT didnt mention your full furnace BS story.
Funny how Vale will commit to tens or hundreds of millions in infrastructure but hasnt signed a deal with PYR...Funny that...
There is optimistic ...There is willfully blind...then there is out and out b*llshit pumping...
As per the tech screw up ...PYR is either the most incompetent clowns to walk the earth or someone is lying. Either way you dont want your money in there.
And will someone please tell me how I can get paid to bash this stock....who are these mystery people paying and where do I send the invoice?
BIGMOE wrote: Generally, based on my experiences that when a decision is made to reduce GHG, we need to build the eletrical system. Electrical system for the whole furnace. It will cost less per torch to install the electrical system at once for the whole furnace. That's why I think Vale is doing and need additonal time to build the civil and electrical line, plus transformation and protection setup.
I think Pyro got bright future, we just need some more time on a large project. Once, Vale start to repalce all the disel burners, all other iron ore companies will follow.
I am assessing based on my experieces on large project goinng from legacy technology (disel burners) to new improved/cleaned energy (torch) technology. Plus, all the tax incentive from various Government.