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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 8:34pm
106 Views
Post# 31892399

RE:CLIENTS A,B,C,D,E,F,G,H,I...

RE:CLIENTS A,B,C,D,E,F,G,H,I...hmmm... this LEASING idea is really starting to grow on me... very interesting indeed...

Benny1234 wrote:

BIG NEWS FOR PYR- SORRY I AM EXCITED

IT'S NOT THAT BAD, HERE ARE SOME IMPORTANT POINTS TO THINK

I think using leasing for the sale of plasma torches is not a bad thing.

Let me explain;
1. A company that sells things becomes in a cyclical sense. When a sale is made, it is made. Customers will not change their torch every 2 years. So the rental becomes interesting.
2. Unit selling (the standard) as a way of doing things maybe well, it makes it possible to raise a lot of money quickly, but offers less the possibility of budgeting for the future.
3. A lease generally pays more than a direct sale, because the seller wants to make the profit from a sale, but also the profit from a rental.
4. PYR could ensure a continuous income and also manage the next sales and thus secure a certain monopoly.
 
How many of you lease a car for 5 years? all-terrain vehicles rented? of such a telephone contracted? Why are the dealer and sellers offering this alternative to customers ... In order to allow more customers to Buy their products than if they were selling cash only.
 
PYR clearly shows us that they are about to open the floodgates to customers who could not necessarily afford to Buy 3 million torches. The more purchasing options there are, the more potential customers there are.
For large companies, this alternative would allow them to order more torches at a lower cost ...
In short, this is only positive!
 
All that = $$$$$ for PYR and +++ potential contract.
 
Patience is a virtue that will reward the most patient.



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