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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Post by gordcheson Nov 13, 2020 9:33am
848 Views
Post# 31894203

Think about leasing - correctly

Think about leasing - correctlyMassive amounts of capital to build a product (same as a car lease). Then leasing costs. Then maintenance. Then 'hoping' the place you lease to stays in business (who knows in this economy) Then training the leasing company then process and maintenace knowhow.
We are not Ford or Rogers with capital galore - and ame with a plan to lease with gobs of capital and leneding behind us.
Geez, we had to sell more stock to get $10MM for TSX listing!
If done correctly, we MIGHT have a great SP someday -  5-10 years down the road - but an awful lot HAS to go right.
If Company ABC had time to model and everything worked (I believe it did) - then THEY have a reason for no outright purchase. Their capital is dwindling in this economy.
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