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.

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PyroGenesis Inc > Pyro - $420 Million Revenue 12-24 Months Forecast

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Comment by BCONTVentureson Aug 17, 2021 5:59am

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Post# 33715613

RE:Pyro - $420 Million Revenue 12-24 Months Forecast

Excellent quarterly results for Q2 2021 for PyroGenesis! There are big contracts at play during the upcoming weeks and upcoming quarters, it is going to be interesting to watch it all unfold.

Some items worth noting from the management’s discussion and analysis (MD&A):

- DROSRITE™ offerings are very exciting and substantial:

Within the DROSRITE™ offering, the Company continues to aggressively explore horizontal growth opportunities. The Company is currently bidding on an up-stream opportunity valued at approximately $40MM.

DROSRITE

After experiencing some unforeseen last minute contract clarifications/interpretations the Company expects to be able to announce, within the next few weeks, the conclusion of a joint venture relationship with an existing and proven technology provider.

- Also, the offerings for Plasma Torches are very exciting and substantial:

To date, everything is proceeding as expected. Initial discussions have evolved into confirmation stages which typically consist of a computer simulation followed by a small torch order. These confirmation stages are expected, if successful, to result with a roll-out program to replace fossil fuel burners with PyroGenesis’ plasma torches in the iron ore pelletization industry, in which PyroGenesis is patent protected.

All indications to date are that the iron ore pelletization industry will be a large user of PyroGenesis plasma torches.

- Note the offerings related to Waste Destruction/Land Based Units/Environmental:

Until this writing, plasma land-based/environmental solutions were not aggressively targeted by the Company in favor of lower-hanging fruit represented by the Company’s other offerings, such as iron ore pelletization & DROSRITE™.

The Company took an opportunistic approach to these opportunities and there now seems to be significant early interest in the Company’s capabilities in this arena. Besides the interest in niche torch applications mentioned above (ex. medical waste) PyroGenesis’ plasma-based solutions have generated interest in processing a waste stream that has recently been classified as hazardous. Management believes that, in a current bidding process, its solution is the technology of choice. If successful, this will represent a significant positioning of PyroGenesis plasma-based solutions not only for this specific product line but, when taken in conjunction with the historic success with its offering on US Aircraft carriers, the land based/environmental segment in general.

Fantastic work Peter and Team at PyroGenesis! There are numerous business lines/divisions under PyroGenesis, and each one is being executed upon!

Long and Strong in PyroGenesis!

BIGMOE wrote:

Backlog 32 million (End of Q2/21)

$65 million contracts signing confirmed by Peter, next 6 months Oct /21

Torch quote of 36 units $130 million (3 million per unit USA NPV, $1.2 million/unit, $1.8 million/unit for service and maintenance 5 yeas but torch will last 10 to 20 years. More spare parts and service revenue.

$250 k Annual cost saving (report from Sweden)

$280 k Annual CO2 saving/grant (2021 based on Canada Government)

$530 k Annual cost saving/torch

Payback about 3 years/torch

50 burners per furnace and 10 to 12 furnace per locations (up to 600 torches at each location)

Client B, will order up to 5 torches (Estimated to $15 million)

$40 million bidding for Dross contract above average change to win. Additional contract in progress for $40 million on 2^nd dross.

$15 million of LOI announcement on Dross contract

Dross Spare parts about $5 million/year, 2 years $10 million

Powder contract unknown, assume $5 million for Auto/Aerospace

Purchasing Air Science Technologies Inc - $5 million in revenue, over 15 million in revenue backlog

Nano Reactor (HPQ Alliance, Battery and EV) revenue unknown, assume $5 million

HPQ Nano Reactor (Fumed Silica for medical devises), estimated $5 million – potential addressable $2 billion market/year

Algoma Steel 8-10 burners about $30 million estimated

Dofasco Steel (Hamilton) 8-10 burners about $30 million estimated

Just add the number $420 Million in revenue expected as of Aug 16/21. Next 12 to 24 Months.
Cash on hand around $18 Million end of Q2/21
Revenue Q1/21 – $6 Million
Revenue Q2/21 - $8.3 Million