PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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 > PYR preferred strategy / rollout WHY?

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Comment by developbcon Nov 24, 2020 9:51pm

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Post# 31967118

RE:RE:PYR preferred strategy / rollout WHY?

You are obviously unaware of contract negotiations at a high level. You think he would press release the way you worded it? NO WAY !

canyousayiii wrote: So, sounds like another poorly worded newsrelease by Peter. It should have said that the client wanted to buy an unspecified number of torches but we refused to sell more than 1 as part of our strategic rollout. Can someone tell him on Agoracom to issue that clarification before the market opens tomorrow. That would be great news. TIA.

developbc wrote: Pete preferred this 1 torch contract with giant CLIENT A...why?

“We have indeed crossed a threshold. This was our preferred rollout strategy, as it now enables us to better quantify all outstanding aspects of replacing fossil fuel burners with plasma torches, and thus be better positioned to price any additional benefits into future orders. We cannot overemphasize the opportunity this presents."

PYR IS IN CONTROL
*Keep in mind this NR referring ONLY to the INITIAL torch order.... the objective is to maximize and negotiate best deal for Pyrogenesis. Remember the Saudi sale of Drosite seven systems for $25M netted far more than the initial one system for only $600k then to the same client 1 more for $1.2M...Peter masterfully in the end sold each for over $3.6M each!
- Note the references of the expected future sales w this Client and a seperate after sale service contract.