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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 amillionorbuston Aug 22, 2020 3:26pm
347 Views
Post# 31442095

RE:RE:US Navy - Possible Reason For The Delay

RE:RE:US Navy - Possible Reason For The Delay

I can't remember the exact quote and don't have the time to research Agoracom but I'm pretty sure Peter dismissed the elusive 'billion dollar contract' as pie in the sky. At least in the short term. We'll see various huge contracts or tranches that eventually add up to billions but we shouldn't expect a contract that's literally in the billions. I'll let the super pumpers p00-p00 all over this notion now but this was basically what came from the horses mouth. GO PYR!!!!


kingscorpion wrote:

TerryG wrote: My daughter, also a Pyrogenesis stockholder, is part of the US Air Force. She informs me that this is the end of the Department of Defense fiscal year. Even though the carrier waste systems may have gone through final approval the "Formal Signing" and down payment may need to wait for funds from fiscal 2021.

What is the DoD fiscal year?
Federal Government Fiscal Year
 
It defines the U.S. government's budget. It runs from October 1 of the budget's prior year through September 30 of the year being described. 2 For example: FY 2021 is between October 1, 2020 and September 30, 2021.


I don't think there will be a delay the analysts on BNN did mention the US NAVY TO SIGN THE CONTRACT BY SEPTEMBER If next years fiscal year starts Oct 1 of this year It isn't much of a delay..Besides our no 1.priority is to get the big contract which is worth in the billions


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