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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 MidtownGuyon Nov 13, 2020 10:19am
137 Views
Post# 31894583

RE:RE:Communication

RE:RE:Communication

Just a theory, but there's something you may have all overlooked:

Client and PYR were talking. Went to draft contract negotiations. During this period, client decides they want a much bigger order than even imagined. Client proposed they would do it if different payment options existed, so brought up leasing. Leasing is then on the table, when it wasn't initially.

If that is the case, then you can see how it was an organic development as a result of negotiations, not something that was being withheld from the get go.


SmiteWorx wrote: The alternative is that leasing has been on the table for a very long time, and that key information has been withheld from stockholders for several months or more. Just speculation of course. .

canyousayiii wrote: I would summarize that there is a communication issue. Peter is talking terms that many of us are not properly interpreting. For example, I don't know how you can have a draft contract in place in September that you are trying to finalize but then shift from sales to lease. That change in the business proposition is huge in terms of contract terms so I don't see how it could result in a tweaking of what has been drafted. In my view, the "contract" in September was not as advanced as some of us may have interpreted it and the business structure was still being negotiated. Now we have to wait to see what the actual deal will be, and yet again, we have the "hell of a lot more money" that was tossed out there. Make sure your starting point is not Uncleron's for interpreting what this means!




Bullboard Posts