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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
Comment by topseekeron Jul 11, 2020 1:54pm
231 Views
Post# 31255712

RE:PyroGenesis Backlog

RE:PyroGenesis Backlog
Teeoff01 wrote: Good morning / afternoon Longs,

A refresher post, as of June 15th, 2020, the PyroGenesis backlog stood at $30.27 million.  With the recently announced U.S. Navy contract for two waste destruction systems inbound in 2-3 weeks time, our backlog will increase to >$40 million.

As the business continues to scale-up, particularly with respect to the Plasma Torches and impending ramp-up of Powders and Drosrite, I am looking forward to seeing guidance in the coming quarters ahead on this front. 

I am by no means a fortune teller, but I expect we will soon see another zero and then some added to the current backlog in the coming quarters and years ahead.


 My 2 cents worth.

 It, IMO, will undoubtedly be another 0 added to the backend of the current backlog by next year and many many years to come. 

 Concerning this 3rd Qtr ( Sept. 30 ), IMO, I believe strongly that our current backlog will be greater than $ 100M. 

 It's simply taking the $  40 M current forecasted backlog ( Carrier biz included ) to adding a mere minimum $ 60M for plasma torch biz.

 That $ 60M is just a reflection of 15 torches ( an assumed $ 4.08 M Cdn ea. ) being placed on order. Is it possible ? Please grab a coffee, if it may help, to think about that real possibility. Remember, they have 3 potential clients already, That we know of !!

 Keep in mind, that in the last several years their annual revenues were @ $ 5 - 7M.  Plus a large bulk of their shares traded during those years ranging from $ 0.50 - $ 0.65 each share.

 Simply ' food for thought ' .

 Best wishes All, good health,

 Good Fortune,

 Sincerely,

 Topseeker
Bullboard Posts