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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

Post by Whydunniton Nov 12, 2020 3:54pm
921 Views
Post# 31886897

Meh at best

Meh at best
Was expecting a sale of 10 torches minimum with a down payment for financing the build, which doesn't seem like a pumped-up expectation at all.  Then other dominos fall in a similar manner.  Now just four torches and a shift to leasing with dribs and drabs coming in and the need for a third party to do build financing?  I'm no expert on leasing but I think Peter got outnegotiated.  I hope the rest don't follow this pattern, when and if they happen.  Looks like the market agrees, down a buck already.
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