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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

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Post by StairwayTo on Jan 27, 2021 6:14am

Client B

Should we start thinking after nearly 3 months since the quote, that client B is no longer interested?
I don't understand why a purchaser would take that long, after doing all the modeling and moving to contract negotiation, getting a quote from your supplier should only take a few days or weeks for approval. 
And if the eventually agreed, how long will it take for the 4 torches be made, shipped and tested on site, before subsequent orders, knowing it takes up to 4 months for the 1 torche for client A

i think we are far from some predictions of 100+ or 500+ torches in 2021 would you agree?
Comment by Downtheline on Jan 27, 2021 6:34am
I have gathered this from all press releases and interviews: we are far in the sense that 100-500 torches won't physically be installed for a while, however they have certainly been discussing a plan to do just that. A strong relationship has formed between pyro and these clients and each scenario will unfold at a pace individually suitable for each of these large companies and their own ...more  
Comment by StairwayTo on Jan 27, 2021 7:52am
Preliminary testing was done through modeling, and passed. In order to ensuring a seamless transition, wouldn't they have to buy 1 torch like client A or all 4 and test them live in their facility. I get that this was not a quote to buy 4 tires for your truck, but it seems like nearly 3 months since that quote, something is not happening the way both parties would like to.
Comment by Downtheline on Jan 27, 2021 8:08am
preliminary COMPUTER modeling ≠ physical in situ operation TESTING 
Comment by StairwayTo on Jan 27, 2021 8:13am
That's right. So operation testing would be to get the torches in their facility no?
Comment by kjs4381 on Jan 27, 2021 8:35am
Just because you don't understand why the process is taking as much time as it is, does not mean that anything is wrong. Peter has said many times that if anything had changed he would have to press release it. All you do is hurt your investment with negative comments. Big deals take time sometimes months and huge deals can take even longer.
Comment by canyousayiii on Jan 27, 2021 8:45am
You are right. The mistake PYR made earlier is communicating timelines that they did not understand and some may be hanging on to that concerned that no news may be bad news. More patience needed, this is not as quick of a buck as we hoped since last summer.
Comment by Aarman4 on Jan 27, 2021 11:29am
StairwayTo, I recommend doing your own due dilligence, rather than attempting to ask the random and anonymous stockhouse posters like me for answers to your questions that are already answered thoroughly, repeatedly, and at length by the company and CEO in News Releases, and media releases(such as agoracom video and investor demo's, etc). Now, you shouldn't take my word for it, as I am ...more  
Comment by StairwayTo on Jan 27, 2021 4:15pm
Thank you, and cheers to you too. all I wanted is to start a discussion on the quote, something I'm sure everyone would like to know about, that's all. Better then talking politics in my view. Client B could be one of their top revenue generating customer. As an investor I am extremely interested in this negotiation going on. Just like to hear what other investors think about it, good or ...more  
Comment by electriqueman on Jan 27, 2021 5:35pm
All client A, B or C are waiting after the testing result of the first torch in real condition in mill.  They will pass commands after that.  Peter said it's going very well and results are excellent so far  
Comment by itwillbeoknowok on Jan 27, 2021 11:41am
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