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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

Post by SerenityWWon Sep 15, 2023 10:40am
257 Views
Post# 35638200

PYR benefiting from Fumed Silica monetizing first

PYR benefiting from Fumed Silica monetizing firstIn yesterday's video Bernard Tourillon clearly said , several times, out of HPQ's 3 verticals , Fumed Silica will be monetizing first. There's a lot of interest in this new , one step Fumed Silica production process and things are accelerating. Besides a new NDA with a second Fumed Silica producer , HPQ already received interest from a 3rd party as well. Bernard also mentioned it will be hard to compete with PYR / HPQ new technology. Not unlikely, as suggested before from the company herself, instead of becoming a producer and selling fumed silica powder herself, selling the technology is a very serious option (... I myself would not be very much against a bidding war for this vertical, to be honest...LOL).
And remember, HPQ's fumed silica is part of HPQ Silica Polvere Inc. for which Pyrogenesis has a 10% royalty in future sales which can be converted AT ANY TIME in a 50% ownership of HPQ Polvere. A buy out of HPQ Polvere could potentially generate a lot of revenue pretty soon for both HPQ and PYR ( with a sudden massive increase in HPQ stock price and also PYR will benefit in more than 1 way... at least I will hold my shares for both companies, don't want to miss that jump).

Oh, by the way, Bernard also said last night the Silicon pour is NOT an issue, we know we will get the pour, he said , focusing on other issues now, something like moving from R&D equipment to production  equipment etc. Shareholders should NOT be concerned, he clearly said. Reassuring!

Pretty good news alltogether, I would say.
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