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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Bullboard Posts
Comment by Magicmike67on Jun 17, 2020 10:02am
124 Views
Post# 31159549

RE:RE:There may be more work from RISE

RE:RE:There may be more work from RISE
kingscorpion wrote: Now what I wanted to find out was how many torches were installed at RISE and what.period so we can get a sense of how long it will take to complete one plant for comoany A and B because pascalli is saying that don't expect this to be done over night and that's true However you can get the contract anytime but the work will take several months to half a year. Give or take



RISE is a research facility and was contracted, likely by client A, to test a torch to make sure it could achieve certain specifications. All RISE would have done is test a single torch. This lead to the modeling contract with client A.

Also any contract signed by Client A is going to involve many clauses such as infastructure requirements being built, plant shut downs, commodity price, etc. Its not just as simple as making 500 torches and collecting 1..5 billion $. This process will likely take a minimum of 5 years and up to 10 years.

I am confident a contract will be signed though!!
Bullboard Posts