PyroGenesis Inc T.PYR

Plasma Torch - Client A (Vale?)

[BIGMOE]

Based on all the news release in 2020, the Torch contract and modelling was for 1 MW torch and cost $1.8 million for Client A.

Last week news release for FAT testing from Feb 2nd to Feb 14th, the Torch testing is 3 MW.  Also the quotation for 36 torchs is about $105 million ($2.92 million/each torch) for 3 MW torch rating.

So, if the Client A changed their mind to upgrade the torch rating to 3 MW.  Therefore, we must be getting more money $2.92 million - $1.8 million = $1.12 million extra in revenue.

We know that 1 MW works for sure and FAT done in Sweden to confirmed.  Now, 3 MW torch should pass the FAT testing as well, but we need confirmaiton.  We are waiting for the FAT testing results.

As indicated by Peter on his news release, that he will be in the FAT testing process and attend with Client A.  I am getting the feeling that Peter will the first $100 million contract with Vale for Pyro afte the FAT testing completed.  Generally, the CEO does not attend these testing process, unless some thing is big announcement.

Now the share price closed on Friday $3.33 CDN. With $100 million signing, it could be back to $12 to $15 range.  Other mining company like Client B and C will follow Client A, and also sign $100 million contract with Pyro.  Dross contract $80 million (2*$40million), plus PFAS $20 million (2*10 million).  With existing back log, we can potential upto $450 million in signed contract with in next few months.

[Oilminerdeluxe]

That's the curious question. Assuming the FAT goes well, how long until a deal is inked? Very intriguing. Could be fast, could be "smooth". But as long as it's coming, it will be alright. I suspect we might get another video with George after the testing when Peter updates on that and other things happening in the company. But that is just my humble opinion.

[sumpineh]

 It would be nice to get the test results directly from Client A after Feb 14, rather than Peter who may want to sugar coat slightly so as to justify being there in the first place. Ideally a signed contract as anything less and the doubters will have more fodder to feed on . 

[sjc444]

No one would be happier than me if there was a signed contract after completion of the FAT, however I'm not sure that is a realistic outcome. Peter has described this process as a slow step by step checking off of boxes. I think there will have to be a SAT completed before any large contract. I don't think the market would be too disappointed if a schedule for a SAT was announced with near

[COGT]

 Moe love your constant calculations to get people to wrap their heads around  significant $  possibilities.  I can't say where it's going to come from,but once the 1st shoe to drop will give you lots of 0's to work with!  Incidentally,the Department of Justice gave Ah Sucks and the crew the weekend off.Hmmm  Looking at anInteresting next few weeks. GLTA &