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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 tamaracktopon Aug 03, 2024 10:28am
136 Views
Post# 36162973

RE:From the CEO site - FYI

RE:From the CEO site - FYI "..... July 29th a contract that could develop into a $160M contract in a year, all major catalysts that imo made the company a better investment than it was on July 3rd when the warrants were re-priced. Very strange..."

This is a common misconception, fuelled no doubt by the highy "hyped" wording of the press release. 

This $140-$160 million is the potential  capital cost of the Entire Project.

Pyrogenesis' contribution will be very small.

It's reminiscent of PyroGenesis mentioning the cost of building an aircraft carrier when they get a contract to supply it with one PAWDS
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