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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 sandysoucion Nov 12, 2020 8:15pm
113 Views
Post# 31892318

RE:Leasing

RE:LeasingGOOD POST -- READ THIS PEOPLE!...

BarstoolSage wrote: Not sure why the share price tanked on this news. There was a general "covid decline today" but leasing is good news

Maybe some thought it would be too capital intensive, ie monies are tied up in leased assets, but that is not how it will happen

The torches will most likely be sold to a financial partner who carries the lease. That is how most companies that do not have a leasing division do it. 

So they will collect 100% of the sale price up front and the leasing company will take it from there


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