PyroGenesis Inc T.PYR

News Today?

[BIGMOE]

I am getting the feeling that we will have a contract news today.

[Dividends]

For which lob? Not the torch of course 

[BIGMOE]

Yes, we have the the news. It seem that the customer is modifying the furnace that requires 50 torches. Customer setting up the electrical and civil modificaton to repalce all disel burners with plasma torches. We may see new order of torches from client A before we install the first torch.

[Dividends]

That would be great but I have a feeling it won't happen until tests are done. are they modifying just for the test or modifying the entire plant? can someone investigate 

[BIGMOE]

I think it make sense to modiy the entire plant to allow future change out to all plasma torches.  That would cost less and completed one shot.

[Aarman4]

Do you have sources for this information about the client modifying a furnace that requires 50 torches?   Interesting that the estimate they have been provided was for 36 torches, and not 50.... 3mw rather than 1?   Dangerous claims without having sources of this information though, please provide! Cheers!    

[BIGMOE]

Generally, based on my experiences that when a decision is made to reduce GHG, we need to build the eletrical system.  Electrical system for the whole furnace.  It will cost less per torch to install the electrical system at once for the whole furnace.  That's why I think Vale is doing and need additonal time to build the civil and electrical line, plus transformation and

[Zaphod]

So your story is that Vale just sort of forgot over the last year   and Peter and his install crew just sort of forgot to look for transformers... and it took 4 months to get to Brazil ...  and peter just happened to unload around a million shares in the last quarter  and didnt have a clue there was issues or that the boat was caught in the bermuda triangle. Love to see the