RE:RE:20 year chartCome on tamaracktop, do some real due diligence. PyroGenesis has landed 2 contracts with the US Navy, the most recent one was for $11.5 million. PYR has the funds and wherewithal to execute contracts. Keep in mind that a number of PYR's contracts have milestone payments built in (like the US Navy), this provides for cash flow for PYR for years to come.
Also, PyroGenesis has just landed a $5 million plus contract with the New Zealand government for PYR's SPARC waste destruction system.
And, PYR has recently delivered 4 torches to Client B (Rio Tinto/IOC), triggering milestone payments here (these torches are worth approximately $6 million plus additional revenue for ongoing maintenance and support).
PyroGenesis has been vetted by both government entities (US Navy, the US Government, and the New Zealand Government) and multiple corporations (Client A - Vale, Client B - Rio Tinto/IOC, plus others).
PYR's President and CEO, Peter Pascali, has been with PyroGenesis since 1992 (PYR went public in 2011). Peter and Team know what they are doing, gearing up for growth for years to come.
Long and Strong in PyroGenesis!