RE:RE:RE:RE:RE:RE:RE:RE:PYR DEBTFinancials are past looking, I am looking to the future (investing for the future). What PyroGenesis has done in the past couple of years is excellent, namely advancing their technology and solutions. We are here for what PyroGenesis is doing and what is going to happen in the future.
PYR's business potential has drastically increased during the past couple of years, look at the new markets PYR has entered, new patents filed/granted, the second production facility coming online, and the growth in employee headcount.
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 truey 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.
The fact that PyroGenesis' President and CEO has committed to 2/5ths of the financing speaks volumes to his confidence in PyroGenesis 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.