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Message: VIDEO - PyroGenesis Shareholder Q&A and Discussion About First Plasma Torch Contract with Major Iron Ore Producer

before buying the first torch the client would have already made an assessment on the spare capacities of the electric network of the site; e.g. the single line diagrams, load lists, transformer capacities, overall grid supply capacity would have been looked at. then based on the load data given by the PYR engineers the client have then checked if enough available and if not what would have to be done. all this would have led to a initial cost estimate +/-30% (considering any other modifications that also need to be done to accommodate the new tech); after receiving the offers for electrical equipment and civil works would have given +/-10%. this would have been used to make a financial model considering the overall business case including the CAPEX/OPEX related to the new tech that PYR is providing;also a sensitivity analysis that considers variances of key parameters of the model. If the NPV/IRR are above the threshold of the client they proceed with the investment...

So any client would already be fully aware of the changes that have to be made at the site for elec (same applies to all other disciplines) before they sign any contract with Pyro.

I can assure you that any multi billion company always looks at all angles before taking any (major) steps into changing their sites

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