RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BlackRock saysThinkbigsti69 wrote: Holdrrrr wrote: paul03 wrote: This is straight from a release in 2021 I believe.
Given recent sales, and the fact that the torches are expected to last 25-30 years, PyroGenesis has revised the estimated net present value (NPV) of each torch sale to be approx. $7MM (calculated based on 20-year life).
All I know, is if this deal goes through with Rio Tinto, the numbers are incredible. Everyday I debate selling, but for the amount of shares I own, how far I'm down, and the risk/reward. Im diamond hands lol
There is negatives about pyr, no one can deny that. I'm just hoping Rio approves, and for all the trouble they went through to get this far, and their limited options to fulfill their stated decarbonization and emissions goals, the chances are good.
The chances are excellent that the Rio Tinto deal works out. They have invested massively in this and up to now they are very satisfied. This is a no brainer and almost risk free. Some longs here are going to rake in massive fortunes if they are patient. I would not want to be in the shoes of those who sold at the low when we are so close to getting a gigantic contract.
Well the labrador Rio contract is worth near a billion alone, if that's approved then the floodgates open to the other industry players, giving the green light on the plasma tech. Rio has locations worldwide, and Vale I've heard (I don't know much about).
So I agree with you.