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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 Mostlyseriouson Nov 26, 2024 8:54am
50 Views
Post# 36330808

RE:RE:RE:New Press Release - PyroGenesis Receives $2.8 Million Payment Under Existing Drosrite(TM) Contract with Saudi Client

RE:RE:RE:New Press Release - PyroGenesis Receives $2.8 Million Payment Under Existing Drosrite(TM) Contract with Saudi ClientDalesio, that is indeed an important clarification for the upcoming payment.  The June 26th NR says that all 7 will be up and running before year-end.  Payment will be precede them running so there should be another announcement on the collection of at least $2 million by the end of December.  As this is according to the negotiated payment schedule, it should happen. 

If it doesn't happen, then the  client keeps renegotiating the payment schedule and 3P obliges because everyone knows that maintaining good relations with existing clients bodes better for the future than strong arming them.  

I love the quote about the world hibernating. That is why 3Ps expectations rarely panned out the way he specified them when he did.  Not his fault that things did not happen that way..  
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