Post by
Uncleron on Nov 03, 2021 3:48pm
Vale & Rio Tinto like I said
Vale has 16 plants that need upgrading to 21st century plasma torches , how many ?..at a conservative 10 torches per plant is160 torches @ $3mm each is $480mm ..Rio Tinto 100 torches @ $3mm each is $300mm...Client #3 100 torches @$3mm each is $300mm...that's $1+ billion..... for 360 torches at a very conservative $3mm per torch. Iron ore is a 20,000 torch market...zinc + cement +++ is another 20,000 torch market.. I'm sure you now see that we are dealing in billions & billions in plasma torch sales. I'm thinking Elon Musk needs boring torches for the "new" 21 miles of tunnels he just said he was building in Las Vegas...Good thing Peter is having a plasma tunnel boring machine designed...Thousands more torches sold to a never ending insatiable demand from this emerging "new" tunnel boring industry....Torches alone would make Pyrogenesis a blue chip company...uncleron is always right !..cheers Vale does have mucho cash , so maybe a hefty down payment on a long term leasing contract or a cash payment for each torch batch delivered , with a hefty down payment of course. Same for Rio Tinto & all the other torch clients.
Comment by
sbbb2x2 on Nov 03, 2021 4:17pm
Ulceron, you have not been right about a thing in the past 8 months. Why don't you just shut up. If you had bothered to watch, PPP has moved AWAY from tunneling. GLTA Longs SBBB
Comment by
windywolf on Nov 03, 2021 6:28pm
Heya Unc. Like Ive said before i would perfer to see the torches leased. Cash flow baby. Nice to see more green today. Go Pyr Go. Thumb for u UNC.
Comment by
canyousayiii on Nov 03, 2021 6:55pm
Heya, Windy. You missed 3P's explanation how leasing versus buying has no impact on PYR's revenues or cashflow stream. You may want to inform yourself.
Comment by
windywolf on Nov 03, 2021 7:27pm
So you are saying leasing or selling of torches has no impact on revenue? OOOOKAY? Side note. I expect revenue to over 10mill this Q.
Comment by
ScienceFirst on Nov 03, 2021 9:07pm
Canyousayiii ... You are correct in your assumption (that it makes no difference whatsover whether Clients pay cash upfront or lease). And you cited Peter appropriately.