RE:RE:Big opportunities coming, some gets kicked into gear todayAbsolutely big opportunities are coming for PyroGenesis! Remember that PyroGenesis has been around for decades and has vast experience in plasma technologies/solutions. Peter Pascali, PYR's President and CEO, has been with PyroGenesis since 1992. Pierre Carabin, PYR's
Chief Technology Officer (CTO) has been with PyroGenesis since 1998. Pierre himself is the inventor or co-inventor of nearly forty pending and issued patents relating to high temperature processes. PyroGenesis' technology and solutions have been vetted by some of the biggest players in the industry: the US Navy, Aubert and Duval, plus other companies.
Plus PyroGenesis has multiple business lines/divisions, all being executed upon.
Exciting times!
Long and Strong in PyroGenesis!
developbc wrote: Those who can discern early like guys such as midtownguy will be truly rewarded....firmly betting.
Please do your DD and you'll too realize what Pyrogenesis leadership, engineering, team, proprietary tech and full lock on patents can and will do to lift Pyrogenesis into stratosphere!
Long and strong PYROGENESIS!!
MidtownGuy wrote: The patent PYR applied for a patent this week – about CO2 conversion to syngas – continues the trend we’ve been seeing over the past couple weeks that’s showing the PYR machine leaning firmly into carbon reduction, and even further. Some major developments:
Feds Announcing Green … Today
The CDN feds are gonna release a stimulus announcement today at 4:00pm. The market sure needs it.
Specifically it’s the “fall economic update”, but this time out because of covid, the increasing deficit, and the overall economy, it will be highly focused on economic recovery and stimulus measures – many of which will be “new economy” (aka green and clean).
How do I know that?
It’s mentioned in the press briefing: "Deputy Prime Minister and Finance Minister Chrystia Freeland will rise in the House of Commons at 4 p.m. ET today to outline details of her plan to both boost job creation and cut greenhouse gas emissions"
Check out those last four words: “cut greenhouse gas emissions".
Peter has been using that phrase lately in NRs and videos. Not a coincidence, because...
Quebec announced major green incentives earlier this year…
On July 3, 2020, the Qubec government announced its organic material management plan with a target to recycle or recover 70% of organic waste in the province by 2030. In conjunction with this target, the province earmarked $1.2 billion in funding to support municipalities and private companies with the build out of organic matter collection services and processing facilities. In addition, there is a specific program (PTMOBC) for the treatment of organic materials by biomethanization (renewable natural gas production) and composting, whose budget will be increased by $308 million.
https://www.quebec.ca/en/government/policies-orientations/plan-green-economy/
How PYR and HPQ are lining up for that govt. carbon reduction money
In addition to their track records, both companies have been making moves to this end.
1/ PYR partner HPQ filed a document to renew or initiate lobbying efforts with the Quebec government. Lobbying of course being necessary to receive govt attention towards grants and contracts.
https://www.lobby.gouv.qc.ca/servicespublic/consultation/AfficherInscription.aspx?NumeroInscription=h4yQP%2BzS7837OYApbXWEmA%3D%3D&fbclid=IwAR0TLu9U0Kj7FFalFK3CCiZF7AiJFKSfhg4hrFSGa3yrbDBHfwEFXFR4TCA
2/ Then PYR applied for a patent this week – about CO2 conversion to syngas.
3/ Perhaps more importantly, if anyone noticed, in the last video interview with Peter, and in the last couple of NRs, Peter has been heavilyemphasizing the phrase “reducing greenhouse gas emissions” to position PYR in this direction:
“… becoming a premier environmental company geared toward reducing greenhouse gas emissions across all our business segment.”
“PyroGenesis is on its way to assuming a leadership role in reducing greenhouse gas emission”
I don’t recall him being so overt about this before, so I don’t see it as a coincidence.
If you scroll down in the link below to the Quebec govt initiatives you see lots of mentions of “GHG Reductions”, the phrase Peter has been using a lot lately:
https://www.quebec.ca/en/government/policies-orientations/plan-green-economy/
So it looks like both companies are likely aiming for both those Quebec govt and upcoming federal govt announcements of carbon reduction initiatives.
Also aligning with renewables... a very hot sector.
Finally, the patent and the quotes by Peter helps PYR align -- if not enter completely -- one of the hottest, fastest-rising emerging sectors, renewables.
Renewables is biogas, renewable natural gas (RNG), gas from waste/sewage/landfills/hog fams, etc. – all about decarbonization in the difficult sectors of transportation and the gas grid.
Canada has two leaders in that space, Greenlane Renewables and Xebec Adsorption (also located in Quebec). GRN.V and XBC.V stocks. As testament to the sector growth:
- Greenlane has quintupled since March lows of $0.25. Now at $1.16 (as high as $1.27 last week after Q3 came out). The company just a week or so ago announced Q3 of $6.5mm and a $43.8mm backlog.
- Xebec is closing fast on $6 after a consistent climb from the March low of $2.
Xebec by the way was one of only two tech companies (along with FD) on the Venture exchange that had a larger market cap than PYR at the time PYR uplisted, because of the recent sp rise. XBC intends to uplist soon. (Side note: some might remember Xebec from the infamous McWhirter call, as he mentioned them.)
Very smart of Peter to lean into this territory, even if not intentionally, though I suspect it was.