PyroGenesis Inc T.PYR

RE:RE:RE:RE:RE:RE:New Press Release - PyroGenesis Signs Landmark $27 Million 3-Year Contract for Hyper-Powered 20MW Plasma Torch

[BCONTVentures]

And:

@ordos @Djoko $9MM per year is in ADDITION to whatever else they have in the SIGNED contracts backlog. You can bet @EVIL_SPOCK is serious. The SIGNED contracts backlog was literally nearly DOUBLED with this single UNEXPECTED contract. Many more contracts are coming from the multitude of business lines Pyrogenesis is simultaneously advancing.

@ordos Why wouldn't they? Pyrogenesis is on track with all of its many business lines and now with the 27MM hard contract they are financially de-risked. It helps de-couple success of the company from the stock price. It will catch up and knowing how fast Pyrogenesis stock can move up, it can happen quickly.

@pennytodollar Cash in the bank on a big deal should see us move up fast and a fair amount. Let's see $9M on that 3 year deal, or $13M for EarthGrid, $4M more on Radian would be nice but not going to move us much as it is long priced in. Could see a sh_t load more than those numbers above if Evonik makes a play or Rio wants torches to rebuild a furnace or whatever but contacts with big numbers isn't going to do it because they have the tendency to come in slower than announced. Money in the bank will move us way faster than contracts paying out small upfronts with possible years before we see the bulk. Don't get me wrong, it's all good and I can wait as long as it takes - just don't get torn up on the SP being slow to move.

BCONTVentures wrote: @ordos And with today's hard contract, again, the signed contract backlog has nearly doubled to $55MM. This is not a pipeline, this is hard signed contracts. Try pushing that financial insolvency fake FUD talking point again, that will age well.

@ordos EarthGrid, Fumed Silica Production, Drosrite, Heavy Industry Electrical Furnaces, Metal Powders, Iron Ore Induration, Cement additive with Progressive Planet, Resource Recovery Reactor, Waste Remediation, PFAS destruction, Synthetic Graphite Production, Renewable Gas Production, R&D projects (such as the large one announced today),

@ordos @BayRunner Yes, Peter owns close to 50% of the company. Plus all the long term investors that have been here for years and haven't sold with all the ups and downs and don't plan on selling for long time more. Myself included. Those long term investors hold millions of shares collectively.

BCONTVentures wrote: And:

@ordos @BayRunner There is no other company like Pyrogenesis, it is a high tech company in a field of extreme temperatures that has almost no other players on the same level. It takes years to materialize an actual product, especially if it means being a disruptive pioneer in multiple large industries. All of this in an unheard of environment of pandemic supply chain disruptions and global conflicts / madness. To expect instant gratification is having unrealistic expectations detached from reality.

BCONTVentures wrote: Some great posts from @ordos:

@ordos From another discussion site. The client could be https://www.cubrc.org/

@ordos It would make sense, since they are involved in hypersonic flight testing on the ground. This most likely includes hypersonic weapon development, e.g. requires materials that can withstand the extreme temperature and ionization (e.g. plasma) that happens in hypersonic flight.








@ordos And this is not even from verticals of Pyrogenesis that are most popularized, e.g. HPQ Silicon related, iron ore induration, metal powders, aluminum dross. This is advanced R&D. Pyrogenesis never fails to surprise, in a good way.

@ordos This ensures that Pyrogenesis gets $9MM per year for the next 3 years, just from this big R&D contract.

@ordos And Pyrogenesis further securing its financial position with today's big R&D contract also ensures that HPQ Silicon projects are further strengthened / de-risked.

@ordos Then there is EarthGrid with its $18B USD JV for which Pyrogenesis is going to be a torch supplier.

BCONTVentures wrote: And:

"A plasma torch at this power level, based on PyroGenesis’ own research, represents one of the most powerful (if not the most powerful) plasma torches ever produced commercially."

BCONTVentures wrote: Fantastic news!  Congrats to Peter and Team!  Note that this is the same client that ordered the 4.5MW torch from last year.

From the NR:

“This landmark contract for a PyroGenesis-developed 20 MW plasma torch system raises the bar globally for plasma power and demonstrates the role PyroGenesis’ technology plays for significantly more challenging high, ultra-high, and now hyper-high temperature and power needs. This need is seen specifically within aerospace, defense, and certain heavy industries,” noted P. Peter Pascali, President and CEO of PyroGenesis. “Beyond its use in military and aeronautics, plasma torches of this power level position us well to expand our capabilities into other industries requiring appreciably higher power level technology, such as glass, cement, petrochemical, and metal and mineral heating, as well as melting industries – a requirement that is becoming more common as global energy transition measures, and the demand for unique high power heat applications, accelerate. The critical nature and the advanced science involved in this client’s application underscores the regard that clients have for PyroGenesis’ scientific and engineering capabilities.”