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

PyroGenesis Inc

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Post by topseekeron Jul 15, 2020 11:01am

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Post# 31270543

Won't Take Much

Top of the Mornin' All,

Loved the MD & A. Love the forecast of profit #s already in play plus moving forward. Here are just some of the ' bits & pieces ' of info gleaned from :

PyroGenesis loses $1.75-million in Q1

2020-07-14 23:29 ET - News Release

Mr. P. Peter Pascali reports

PYROGENESIS ANNOUNCES Q1 2020 RESULTS: REVENUES OF $736K, GROSS MARGIN OF 37%, CURRENT BACKLOG $30MM,A PROVIDES Q2 2020 AND YEAR END GUIDANCE

To date during 2020 PyroGenesis has:

received significant payments under the $22MM contract with DROSRITE International thereby validating announcements made during 2019, established a relationship with a US based tunneling company (contracts and payments ongoing),

Well, if PYR is receiving ongoing payments from the tunneling biz. Then fair to say the work was not halted & that it appears their R & D is proving out to be working and working well.

Established itself in the iron ore pelletization industry as a potential supplier of torches geared to replacing existing burners and thereby reducing GHGs. Interest is also spilling over into other industries with GHG reduction targets,

Thanks to the RISE success, word on the street is that PYR plasma torches work, work well and delivers significant values/benefits to the potential clients. The ball is now in their court. To buy or not to buy, that is the million $ /multi million $ question.

The Company has booked a significant backlog of signed contracts (in excess of $30MM; 2019 Revenues approx. $5MM) which, when taking the eagerly awaited US Navy contract into account, will increase to over $40MM. This provides a solid cornerstone

So fair to say by end of 3rd Qtr, won't take much to hit a Backlog of $ 100M, IMO or significantly more ? How much to hit an additional minimum of $ 60M being added to Backlog ? Simply 15 torches @ $ 4M ( CDN - $ 3M US ).

So fair to say/ask yourself how easy will that be to hit 15 torch sales with the NRs provided to date. How easy is up to you and your own thoughts of risk.

There will always be risk, both great & small, in any investment you may make .