RE:RE:News out: PyroGenesis Announces Completed Production of AddiSome great points from midtownguy, @midtownguy from ceo.ca regarding today's news release (NR) on PyroGenesis' powders/additivie manufacturing division. Thanks to @midtownguy for these points:
@MidtownGuy The money is never a bad thing, but as @sizzlingbeef wrote, the bigger importance is how PYR has gone from designing, building, and operating the thing, to producing small test samples, to production batches, and now prepping for high output phase. @MidtownGuy grams -> kilos -> tonnes @MidtownGuy all good stuff @Buffaloguy. Most of the harder digging and DD was posted long ago, now it's more about who the clients are [rubs hands together]. That was eye opening. @MidtownGuy Someone posted on Agoracom this second 100KG order, since we didn't indicate a client, was completed just for PYR, "for stock". It wasn't. It was ordered. [for the record] @MidtownGuy The company can produce its own stock for its own purposes at any time; that's not something we'd NR at this point. And:
@MidtownGuy the powder NRs were as important as indicators to the market as it was for investors. Long and Strong in PyroGenesis!
wasitreallyok wrote: Wow 2 100 kg orders out the door in the last two weeks. Pretty cool that the company's titanium powder division isn't just sitting back I just love their statement "The commercial milestones we have achieved over the previous few months have positioned us to move to the next step, which is to produce powders by the tonne".
If this is an indication on how things are going to move expect the second quarter report to show higher incomes froma division that was only showing promise.