Pyrogenesis Canada Inc T.PYR

RE:RE:RE:RE:RE:RE:RE:Pyrogenesis 3D Powders NOT just ANY powder

[MazerRR]

Have to agree, this is old news and the process has improved much since then.

However, to give bscs the benefit of the doubt that he really does not know and for those that are curious, the deal was expected to go through and the however the Canadian gov't stepped in and stopped them from sending to the Asian client. This was the last that I read on this, from Peter on Agoracom Dec 04. Could be a Canada-China related issue. Once this is dealt with I assume we'll get news.

https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/734303-titanium-contract-asia-status/messages/2251252#message

Regardless, there are so many potential clients for their powders and the business just got a boost from the approval of the QMS on their new NexGen Plasma Atomization technology from a premier Aerospace company. I wouldn't worry too much about the Asia holdup.



quote=developbc]I did not say indicated anything. I just said it was yesterday's news as it not only expired but in the same time frame early on NexGen was being developed. 
I could easily speculate the Pyrogenesis CEO  during the process disclosed that working on a better and superior powder with the next generation capability. Regardless..you have a strong habit of posting things where others have to do your due diligence or you posted things in the past the twisted facts more than few times. 
I often wonder about your agenda

bcsc wrote: Not sure why the move to NexGEN would negate an existing contract. Wouldn&#39;t that just mean greater margins for PYR.since OPEX and CAPEX are reduced.<br /> And yes yesterday&#39;s news as the original 2 year contract would have expired 2 weeks ago

developbc wrote: This is big time yesterday's news! Off the top my head it was not renewed because ...Fast forward to April 2019 NexGEN rolled out to produce titanium powder at extremely faster run rate and with much lower OPEX and CAPEX. I hope that helps

bcsc wrote: Does anyone know if the 3D powder contacct referenced in the below press release was completed and renewed or extended as per the terms indicated.  It was the first 3D powder contract signed in May 2018.. Thanks in advance.

PyroGenesis Signs First Major Exclusive Commercial Agreement for Sale of Titanium (Ti-6Al-4V) Powders

V.PYR | May 17, 2018

 

MONTREAL, May 17, 2018 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX-V:PYR), a TSX Venture 50® high-tech company, (the "Company", the “Corporation” or "PyroGenesis") a Company that designs, develops and manufactures plasma based systems and plasma torch systems, is pleased to announce today that it has signed its first major  exclusive commercial agreement (the “Agreement”) for the sale of titanium (Ti-6Al-4V) powders  for use in  the additive manufacturing (“AM”) industry, after having been qualified as an approved supplier by a client in Asia (the "Client").

This Agreement provides for a minimum sales volume of 10,000 kg (10 tons) over 2 years and is limited geographically to a specific territory in Asia.  It is anticipated that the Agreement would be extended for further terms at the conclusion of the first 2-year term.  It also allows for exclusive distribution into this territory.

 

 

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