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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 Tcheckon Nov 12, 2020 9:47pm
812 Views
Post# 31892639

it must be long term (permanent )leasing

it must be long term (permanent )leasing it would not be logical that equipment would or could  be returned to rust somehere in one of pyr s  warehouses after a 1 year or even 5 years contract.
the torches are only useful when used in the proper iron pelleting application ,
since  these  torches are  custom made and modeled .you can t apply them somewhere else just like that .

therefore ,i don t think leasing means the equipment can be returned after a while like i feared originally .
that can not be  intended allthough the term leasing suggests that  the lease can be abandoned at the end  of the term .which would be frankly unthinkable and catastrophic .

these leases will be so good as a sale if they consist of 20 year duration agreements or longer 
?

shorter timespans would be unlikely .anyways clients are satisfied with the product .testing is done 
and the torches serve and suit the buyers  long term needs .

so yes this is a good thing ,if these leasing agreements are  for long term plays .

all is good 
:)


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