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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

Comment by Magicmike67on Aug 02, 2020 8:15pm
314 Views
Post# 31356417

RE:Supply chains shored up already DONE for BIG ORDERS!

RE:Supply chains shored up already DONE for BIG ORDERS!An acquistion would definitely not be solely for production capacity but it would definitely help. I think it would be more for political reasons. There are A LOT of pellet plants in Saudi and China whom we currently dont have great relationships with. If you are producing in two different contries you eliminate some political risks. Just one thing to consider for any future contracts.

developbc wrote:
Seems lot of chatter about aquisitions but as you remember in the interview Peter brushed it off somewhat and said mergers or aquisitions must be done carefully if at all.  

In regards to PYR supply chain:

As we are all aware that it is of the highest of probabilities that these torch clients will buy torches bc we know they not only want...they absolutely need PYR torhces....why on earth would you shore up supply chains agressively.
NOTE: Supply chain(s) as in plural - several different suppliers whereas the sum of them will make the whole and brought together like an assembly line which is smart move so none of them can try to replicate what PYR is doing. Peter stated that in one of his interviews.  It was also stated in past tense as in PYR as this has already been done!


Although I don't agree fully we will scale out 1000 torches by the end of the year BUT don't surprised if PYR can assembly line mass produce in 2021. I believe that is their goal but as stated PYR can currently  handle any big order. For now let's just see the intial torch order from either CLIENT A, B , C etc.... that will solidify the direction for eventual full swap out of their entire plant!

Here is what PYR CEO stated CLEARLY in recent NR which demonstrates extreme confidence:

PyroGenesis has already not only contacted its existing suppliers in anticipation of  ANY orders of sizebut is also actively expanding their supplier base to mitigate any supply chain risk of significant orders. PyroGenesis’ management is confident that the Company is now well positioned to address ANY anticipated demand.




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