RE:What is the case for investing in PYR?I think 2023 has been very successful so far. The share price may not reflect these advances, but clearly, there are advances (eg. SPARC, the new 4.5MW torch, the 2 contracts with Aluminerie Alouette, 3D Powders/Additive Manufacturing, the 4 torches being trialed by Rio/IOC, etc.).
It is not the size of the contracts (big contracts will come), it is the validation of the technology. If people cannot understand that, then they don’t understand PyroGenesis and where the company has come from but more importantly, where it will go when you have the biggest iron ore company in the world purchasing new game changing technology. It is simpy mind boggling what that will mean for PYR going forwards.
The Market always lags behind R&D. It is rare for people to truely understand the value of technological advancements right away.
It is amazing that PyroGenesis has accumulated so much high tech and plasma expertise (and numerous patents, over 120 now granted/pending) over the past couple of decades (PyroGenesis was founded in 1991), and PYR never went under. PyroGenesis kept plugging away and over the past couple of years they have doubled their manufacturing space and employee headcount All the while more interest is garnered in PYR’s products, technology, and solutions.
Peter has been with PyroGenesis since 1991 and will continue to fund PYR as necessary. The fact that PyroGenesis' President and CEO has committed to 2/5ths of the financing speaks volumes to his confidence in PYR and HPQ Silicon. PyroGenesis' President and CEO has significant "skin in the game". Same with Bernard Tourillon of HPQ Silicon. Us shareholders are in good hands.
That is why the investors are here, for long-term growth. The magnitude of what PyroGenesis is undertaking is impressive.
Long and Strong in PyroGenesis!