Sometimes the headline in a press release speaks for itself … and this press release isn’t speaking, it is shouting. Specifically, these excerpts:
1. MOU with one of the largest Japanese Trading Houses;
2. Annual Revenues of $5.4 Billion, Assets: > Can$25 Billion; 400 Subsidiaries and Affiliates Around The World.
3. Advanced Discussions With 4 Different Smelters For A Total of 11 Systems.
My Thoughts:
1. Japanese Trading Houses Don’t Announce MOU’s Without Very Serious Intent. Doesn’t guarantee anything but Japanese culture is to measure 10 times and cut once. Bodes well for Pyro.
2. With those kinds of revenue and profit numbers, the Japanese partner won’t waste time with something that can’t move their top and bottom line needle. What do they see?
3. 4 different smelters for 11 different systems … market interest is extremely high already. Pyro is on the cusp of major market acceptance.
Peter Pascali’s thoughts? Watch the interview below … and then share it with your friends.
Looking forward to your questions and comments!