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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

Comment by Breizh1on Jun 04, 2021 5:07pm
203 Views
Post# 33334552

RE:It would seem that today

RE:It would seem that todayYes it is just a request for a quote.
BUT PYR is not an equipment reseller.
It does offer a unique technology proposal with a distinct ROI.
It is obvious that the client has had time to do his napkin calculation and decided it want a clean quote on a legal form. And we can assume that the quote will include the financing as well as the service package. Both will likely be in the form of a leasing package with either Peter's preferred financial partner or the Miner's preferred financial partner.
Either way, PYR will receive the money up front, and not on a monthly basis like a rent.
Usually it does not take forever to write up a quote.
Pyr knows how much they want to charge for the torches as well as for the servicing/maintenance (required to protect the assets of the leasing organization).
So the quote will be delivered by mid-june. Decision will come up before mid july. So they could be popping champagne by July 1.
AND GUESS what day of the week is July 1. Yes, Peter's favorite day: THURSDAY.
HAVE A GREAT WEEK-END.

sumpineh wrote:  the market recognized the NR for what it was unfortunately.A request for a quote.It did clear out a few of the dreaded shorters though.


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