PyroGenesis Inc T.PYR

Great points by midtown from today's news release

[developbc]

Great points by 
@MidtownGuy A few things: - the reference to "international consortium" is talking about the RISE research project, which was RISE, Vattenfall, LKAB, and SSAB - regarding "plug and play"... this has always been in regards to the actual torch and how it interfaces with the furnace. The furnace doesn't have to be turned off and cooled before replacing the diesel burner with the plasma torch, it's hot swappable. The peripherals of the torch system for initial set-up -- the cabling, power supply, computer system, cooling system, gas supply, etc. -- are independent of the torch and obviously require space, setup, install, connectivity, testing, etc. - regarding "on time delivery"... previous NRs indicated it would be delivered to the client by end of Q2, so this NR is confirmation of that - client decisions regarding their own processes, logistics, delays, etc are completely out of PYR's hands, and are likely, in many cases (with regards to logistics issues these days), somewhat out of the client's hands as well. After a very long process, it's now physically up to the client to do their thing. Though to them, as we've heard often, they are moving at an almost unprecedented pace -- because it's a system shift, which for big companies requires massive effort and multiple levels of authorization and proof to get past their inherent inertia, which by nature is meant to be skeptically cautious around new approaches. PYR has made it through all that to the final dance. And during all that time the pressure has ramped-up further on reducing emissions.