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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Bullboard Posts
Post by bullethole27on Apr 04, 2014 9:57am
165 Views
Post# 22410856

Backlog at 450% with room to run

Backlog at 450% with room to runThe LOI recently announced will put their 2014 backlog at 450% of 2013 revenues.  The company has stated that they will have no problem fulfilling backlog this year.  I do expect that some of the backlog is for longer term contracts so not all will be complete this year but geeze!  They still have potential to land some 10M+ contracts that will add another 200%+ to the backlog as well.  I think the low volume is an indication that no one wants to sell at these prices.  Unfortunately the larger market is still yet to find out about Pyro so the buying frenzy has yet to begin.  I think the 2013 financials which are due to be released this month will help a lot with recognition.
Bullboard Posts