PYR NR is in a form of Q&AOn the project management side, the project is on schedule to complete 40 to 45 tests by the end of January 2017. A total of 50 tests should be completed by the end of February 2017. While the focus until now was increasing yield, the next series of testing will be directed towards increasing product purity. Q. What are your next milestones/target dates?
A. Phase 2 is finishing up and is now on schedule for an end of February 2017 completion.
By the end of this Phase 2, PyroGenesis expects to have conducted approximately 50 laboratory scale experiments. The data collected during this phase is being used for the pilot scale design, which is also occurring concurrently.
"In conclusion, we are extremely pleased with the results to date," said Mr. Pascali. "Everything seems to be pointing in the right direction. So far we have achieved great results; some of which have never been achieved before in the industry. Our success to date in eliminating boron in one step and our ability to convert an inexpensive feedstock into a high purity silicon metal are just two examples of these unique successes. As previously mentioned, the next series of testing will be directed towards increasing product purity. Will there be future challenges? Most certainly. Will we be successful all the time? Absolutely not; there is significant risk and success is not guaranteed, however from where we are today, together with the results we are achieving, we are more and more comfortable that we are on the right track."