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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 canyousayiiion Sep 13, 2020 7:34pm
136 Views
Post# 31550641

RE:RE:Size of initial contract.

RE:RE:Size of initial contract.Even if it is 5 torches in the first plant there is nothing wrong with it. Call it a sampler. If they are happy with the sample, then you start going much larger scale. Some industries, like oil and gas, are slow but once one player adopts something, the rest follow because they know the first guy did sufficient work to figure out it it was worth it. That is what McW was talking about I believe. I didnt listen to his earlier interview, where if he suggested something different, than that is not kosher. Now it is a question of just how many torches will be part lf that sampler. I would be surprised for a whole plant because the decision-maker would be taking a heck of a risk if something went not as expected. But, hey, keep in mind that if it was known and expected that they would get a 50 plant torch right off the bat, this SP would be disappointing. Instead, keep an eye on the ball, and if you like how things are unwinding without the SP moving as much as you think it should, take the advantage of capitalizing on a more derisked prospect.
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