RE:People just don't get this Great points vestmed, thanks for this.
Also remember that Peter Pascali (PYR's President and CEO) has been with PyroGenesis since 1992 and owns approximately half of the outstanding shares. Peter has invested millions of his own money (through private placements, etc.) to fund and support PyroGenesis. This speaks volumes to the amount of support that Peter gives to PyroGenesis and to where Peter knows where PyroGenesis is headed to.
PyroGenesis is a fantastic growth stock with green ESG products/solutions. Plus PYR has multiple business lines/divisions, all being executed upon: torches for iron ore pelletizing/steel/cement, DROSRITE, 3D Printing/Additive Manufacturing, Waste Destruction/Additive Manufacturing, RNG with Pyro Green Gas, plus all the work/collaboration (and royalties/ownership options) with HPQ Silicon.
The doubling of both employees and manufacturing space over the past 18 months is a great sign. Also, look at the experience on the Board of Directors, Peter has put together a great team.
Like Peter says "We are Building a Dynasty". There is so much going on with PyroGenesis. Plus PYR recently joined two new indexes.
Also remember “The stock is not the company. And the company is not the stock.”
Long and Strong in PyroGenesis!
vestmed wrote: They have a very good probability of selling about 200 iron ore torches in the next year and possibly many more. If they sell 200 torches that gives them a recurring revenue of approx. $50 M per year in maintainence. That doesn't include anything else. 500 torches is $125 M in recurring revenue, a pretty sound base from which to add multiple millions in all the other projects.