PyroGenesis Inc T.PYR

Contract(s)

[settoretire]

Not bashing, but Pyrogenisis has 2 announced LOI's, and one LOU, but nowhere does it state they have "65 mil" ( other than from Peters personal tweets/posts that I can find) in actual signed, ship me the torches contracts.
I posted awhile back the US Navy torch deal, that by the way is NOT a contract. At present, the testing ( on proven technology ) is being done in, I believe Montreal?, and is an LOI commitment from the Navy.
HPQ is a contract, but is nowhere near 65 mil.
Drosite systems are an LOU.
Again, I have a sizeable investment here, so all I want is to understand why Uncleron posts pie in the sky "signed contract " numbers when it doesn't appear there are any actual torch contracts, just LOI and LOU's. Is he actually Peter maybe trying to subtly tell us something? Probably not, as that would be frowned on by the SEC.
 I keep wanting to buy more at these levels, but DD says not to. I've gone back through most every news release over the past 15 months and see tons of " future " potential and lots of hyperbole, but no signed torch deals.
My understanding is the one torch sold, was heavily discounted as a trial ballon? Smart.....
I suspect it will drop a little more unless some of unclerons predictions come true regarding deals.
 I hope everyone invested in Pyrogenisis does well.
glta

[Snowdrift]

I know you're trying really hard to discredit PYR.  However, get your facts straight. First off, Peter stated in an interview, that the estimated $3 million per torch is based on a torch price of $1.2 million, and the rest is maintenance and parts.  And he was elated to point out that the base price for client A was $1.8 million, rather that $1.2 million.  That implies a total

[Pitpitcolisse]

Also, it is including only 5 years of maintenamce if I remember correctly. So about 250k/year in revenue per torch sold, and my humble assumption is that they will last way more than 5 year... 100 torch would then bring 25M/year for years and years to come... 500 torches 125M/year... Might not happen in 6 months though if anyone wonders..

[settoretire]

THE ATD TEST FACILITY A full-scale plasma arc solid waste destruction system has been built and is presently being tested in the pilot lab of PyroGenesis Inc., located in Montreal, Canada. 

[ScienceFirst]

Snowdrit ... Nice reply to this basher SetToRetire. You could have added that the 1.8M$ torch maintenance and parts is renewable every 5y.  So that's recuring revenues.  Knwoing that torches can last approx. 20y, as per Peter, that means that selling 1 torch @1.2M$ would indeed bring 5.2M$ (4 x 1.8M$) in maintenance and parts for the life span of 1 torch!  Kowing how many