RE:RE:RE:RE:FIRST OF ALL...Great post Melida and I too am conviced that PyroGenesis will succeed in a huge way.
Keep in mind PyroGenesis' business potential has drastically increased during the past couple of years. Just look at the new markets PYR has entered, new patents filed/granted, the second production facility coming online, revival of existing business lines, and the growth in employee headcount. PYR is gearing up for exponential growth.
From the Q1 NR: "
The company's flagship technologies are now being assessed, tested, or in use across a much wider array of major heavy industry categories, in more primary jurisdictions globally, than even we once thought possible. In so many ways, we are just getting started." It is not the size of the contracts (big contracts will come), it is the validation of the technology. If people cannot understand that, then they don’t understand PyroGenesis and where the company has come from but more importantly, where it will go when you have some of the biggest companies in the world purchasing new game changing technology. It is simply mind boggling what that will mean for PYR going forwards.
The Market always lags behind R&D. It is rare for people to truly understand the value of technological advancements right away.
It is extremely impressive that PyroGenesis has accumulated so much high tech and plasma expertise (and numerous patents, over 120 now granted/pending) over the past couple of decades (PyroGenesis was founded in 1991), and PYR never went under. PyroGenesis kept plugging away and over the past couple of years they have doubled their manufacturing space and employee headcount. All the while more interest is garnered in PYR’s products, technology, and solutions.
That is why the investors are here, for long-term growth. The magnitude of what PyroGenesis is undertaking is impressive.
Melida wrote: they regressed? Come on now, far from it. Pyro's sales cycle is a long one. I've commented on this before. Time will tell and I'm immensely convinced that Pyro will succeed in a huge way