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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

Comment by kjs4381on Jul 24, 2024 8:39pm
107 Views
Post# 36147205

RE:RE:RE:Client A

RE:RE:RE:Client A
StairwayTo wrote:

Can you please provide the information when the payment was received and how much  
I looked and did not find it, and we all know PYR is releasing every little payment they get   


kjs4381 wrote:
StairwayTo wrote:

What's going on with their first client?
Vale it was said, that multi billion $ company that was to contract PYR for thousands of torches, some 4 years ago. 

you know, about the same time the sp went up to $12.
if it was material enough to mention that in a press release back then, how could a failure not be material to disclose it. 

by the way, you'll never find that the 1 torch was ever paid for. 

worth to rethink this?
 



I really don't want to respond to your negative post but I  will only to enlighten others who are curious. The torche has been paid for no matter what you say. When Vale received the torche their plan was to install and do a SAT.  After receiving it they felt it would be beneficial to install all the electrical lines  as though they were going to go ahead and change all the furnaces over to torches.a very big undertaking. 
 
It was complicated because of the pandemic, supply chains made it impossible to get parts that were  needed for many months. Remember they asked for a quote on 135 torches   and after that made inquiries about using a 3mw torche instead of the 1mw torche that they ordered. They were trying to figure the best fit for them . 
 
It has been mentioned many times by pyrogenesis that they are moving forward at their own pace and at their expense. They easily could go from giving info on the SAT to just ordering torches.Rio Tinto has been  testing  torches for over a year. It takes  time.
 
Both companies are moving forward with the torches  any change to that would be material. 
Jmo

 


If it's so important to you I suggest you contact IR at pyrogenesis and ask them. You seem to be the only one concerned about it.  When has pyrogenesis  handed  over a piece of equipment that is worth  a million dollars or more without  getting paid?

You're not really worried about the payment   you're only concerned about making a negative comment about something that you really don't care about at all. Keep pushing,  I was trying to figure out would step forward and be Shemp, looks like  we have a winner.
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