In just one contract, just @1.8M$/torch, we would already reach our conservative "
65M$ in the next 6 months" that Peter was mentioning!
The other upcoming contracts will blow this target. Like this 40M$ Drosrite that was not even included in that 65M$ pipeline:
April 16, 2021:
Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “Although we rarely speak to our pipeline, I feel it appropriate to make an exception under the current circumstances.
If we are conservative and define the pipeline as being those contracts where we are either in final discussion as the sole supplier, or in a leadership position in a competitive bid, and if we further narrow the definition by looking only at contracts that are expected to be signed within 6 months, then the pipeline is in excess of $65 million. Most of that pipeline would be expected to be completed within 18 months after signature. As such, the Board is of the opinion that the Company continues to strengthen its position and has never been better placed.”
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ScienceFirst - (6/3/2021 3:58:54 PM) 36 @1.8M$ = 65M$ | 36 @2.4M$ = 86M$ | 36 @3.0M$ = 108M$ Peter negociated one @1.8M$ mentioning that it could be more like 3.0M$.
So for this one site alone, we could see:
36 @1.8M$ = 65M$
36 @2.4M$ = 86M$
36 @3.0M$ = 108M$