Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 MakeItRain1on Aug 11, 2020 11:30am
199 Views
Post# 31392852

RE:Time to average down Why ?

RE:Time to average down Why ?

I just can't figure out why you are here wasting your amazing insight ! I mean it's obvious that you know better sitting from the sidelines than the CEO and the multi billion $ companies. What a waste of talent. Nice attempt on the scare tactics though.  Seriously you think all this stuff is not sorted out ? You really think all the points you have made hasn't been considered by both parties ? You really think these companies are In negotiations without these considerations. Give us a break would ya !! I'm sure the experts have a better handle on their own situations than some wanna be know it all poster on Stockhouse making "could be" points. I trust the ceo to guide me. 


ElanS2 wrote:

This is, without a doubt, an opportunity to invest in a firm with a fantastic future ahead of it. However IMHO the market is running a little too fast.
from the April NR :

"it has successfully completed the first phase (the First Phase) of a multi-phase modeling contract aimed at evaluating the performance of PyroGenesis’ proprietary torches in an existing iron ore industrial furnace with the goal of replacing all existing fossil fuel burners with PyroGenesis’ plasma torches."

A modeling contract is not a physical, on-site operational demonstration of this new application of a high power plasma torch. The NR also states:

"This all important First Phase demonstrated that replacing fossil fuel burners with PyroGenesis’ proprietary plasma torch (i) has absolutely no ancillary detrimental effects anywhere in the process or with the furnaces, (ii) results in significant greenhouse gas reduction while at the same time, (iii) projecting significant cost savings."

The next phase/objective will be to prove the above on-site under real operating conditions. Engineers have been known to make mistakes and misculations due to bad assumptions and "unkowns".  The life of a torch under operating conditions could vary from the assumptions. It may be necessary to revise the materials used to build the torch and maximise it's life. These things are details, yes, but essential.

Building a proof of concept torch(s) will be the simple part as will be bolting it ( them) in place. Do not ignore the supply of electricity and all that that implies: is  it available?, how far away?, switchgear, transformers, wiring to say the least. Wiring will be easy, not so for transfos and switchgear. That stuff can require many months to build and deliver after the project manager has accepted the design. Big stuff is made to measure and not on the shelf waiting for an order. It could very well be on the critical path to operation.

I am taking the time to average down as I am sure there will be more opportunities to watch the markets emotional response to future NRs

There will be many more phases before the need to demonstrate this tech is done with.

The market is known for over reacting. Fiture clients will not be making investment commitments on emotion. The clients will be putting their personal careers on the line when selling the job to owners. They will be conservative.
They will be replacing something that works with something that has no track record in their business. That could be personally dangerous.






 



Bullboard Posts