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.

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PyroGenesis Inc

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Post by BarstoolSageon Nov 12, 2020 8:07pm

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Post# 31892291

Leasing

Not sure why the share price tanked on this news. There was a general "covid decline today" but leasing is good news

Maybe some thought it would be too capital intensive, ie monies are tied up in leased assets, but that is not how it will happen

The torches will most likely be sold to a financial partner who carries the lease. That is how most companies that do not have a leasing division do it.

So they will collect 100% of the sale price up front and the leasing company will take it from there

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