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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Orders
View:
Post by StairwayTo on May 07, 2021 6:14pm

Orders

What we needed, months ago, was the orders that we were told were imminent.
It did not happened as we were led to believe.
Just read the full press release of 7/2/2020 and 9/11/2020

In summary;

7/2/2020 PR
Client A  "Equipment purchase discussions are expected to be completed by the end of August 2020, and incorporate the ideal plasma torch configuration identified during the modelling process, with the ultimate goal being to eliminate GHG emissions from all their plants." (Referring to 100+ torches)

Client B "The first phase, as expected, is to be completed by mid-August 2020. During the first phase, which is progressing as expected, Client B has already entered into active equipment purchase discussions with PyroGenesis. with the goal of replacing existing fossil fuel burners" (Referring to 100+ torches)

Client C "we believe that it is entirely reasonable that initial torch equipment purchases will be placed in Q3 2020.”


9/11/2020 PR
 "In fact, I can confirm that the current status of torch negotiations with various clients anticipate closing more than 1-2 torch deals in well under 3 months, let alone 3-6 months." 

"Well under 3 months" would have brought us to well under December 11th, 2020
Comment by Good4You on May 07, 2021 7:08pm
Thank you Stairway To. And yes I am not surprised at all. Same thing happened with that big "imminent" Drosrite contract that took so long. And not much news and info on progression of A, B and C? I guess there's not much to say. :0( My BIG question, concern and worry is will Peter be able to deliver his $65m+ by mid October (of this year)? From his last promises, expectations and ...more  
Comment by StairwayTo on May 07, 2021 7:18pm
Thanks G4U, If I may add So can Peter the ceo step up to the plate and explain WHY it did not happened? , and continues saying that nothing has changed?   In all fairness, they did come back 6 months later and press released that there is a pipeline of anticipated 65M of contracts in the next 5 months. And said  that these anticipated orders Could take a year and a half to complete ...more  
Comment by sumpineh on May 07, 2021 8:37pm
Thanks for that.I thought at that time ,deals were Imminent! (whatever that means) I for one.am almost ready to throw in the towel.I cannot sit by and let a profit turn to a loss.I know,close the door on the way out.I am still a holder but one foot is on the step Come on PYR Just get a DEAL DONE.   
Comment by Pitpitcolisse on May 07, 2021 8:37pm
Same thing was said of the 2 "imminent" navy deals in 2019, did they came through in the end? Yes! So I'm willing to wait even if its delayed 1 year from his original timeline.
Comment by Hilbertk on May 08, 2021 10:39am
Stairway,  Why not ask Peter about this directly? He makes himself available on Agoracom. Perhaps you were not aware of this but wouldn't asking him directly be the best way to get an answer? The other reason you didn't ask him directly is that you don't want an answer but rather are motivated by greed and wanting to cause doubt in the minds of others and wanting them to doubt ...more  
Comment by sumpineh on May 08, 2021 12:38pm
He shouldn't have to ask.There should be an explanation regarding the basicly stagnant deal situation.I think I would prefer our CEO to be out getting deals done as opposed to answering every question a shareholder comes up with on Agoragram .
Comment by Good4You on May 08, 2021 1:09pm
100% with you sumpineh! And a responsible CEO should show some respect to his Long shareholders and tell us wtf is going on with ABC ....and explain all his delays. He's the one who convinced us to buy his expectations but still no concrete performance and still no signed contracts . By the way can someone please tell me when was the last order? I don't remember! Do you? It's been so ...more  
Comment by Hilbertk on May 08, 2021 1:49pm
Sumpineh,  I was asked why I thought Stairway may be casting doubt by a poster on CEO. I wrote a response and decided to share it here with you as you also seemed interested.  Also, Peter makes himself available to ask and indeed he should ask because clearly he's missing part of how things have rolled out and doesn't understand what is going on. You can also be rest assured ...more  
Comment by StairwayTo on May 09, 2021 8:58am
I was not asking a question, I was just pointing to some press releases that got me to buy more shares, after doing some DD and trusting the ceo that a lot of orders from various large clients would purchase more than 1 or 2 torches each, in a relatively short period of time. Just showing some dissatisfaction, to say the least, like I'm sure many of us feels. On a good note, I like that he ...more  
Comment by canyousayiii on May 09, 2021 12:20pm
Bingo. As soon as I posted my disappointment that what was so passionately expressed by 3P did not happen, I was mislabelled a basher by the crew here. But you know the answer, 1 torch order, price quote for 4 submitted to a client in 2020. There is no fixing that so now we go with new general sales guidance without knowing the product mix. This guidance is supposed to be very conservative so I ...more  
Comment by Good4You on May 09, 2021 12:55pm
I am 100% with you canyousayiii and gave you my thumb up! When you say something negative and thruth or a realistic negative comment, you become an instant super basher and most of the time, these comments on your post are made by lunatic bashers who simply can't stand truth and reality. SP is going down because lack of of expected orders and lack of interest in PYR while markets are up. As ...more  
Comment by canyousayiii on May 09, 2021 1:15pm
IMHO, 3P was too fast on some communication, and his loyal following here did him a disservice by blowing all the information beyond reasonable proportions. If things unwound slowly and steadily, maybe it would not have been a target by shorters. Funny how it can turn out that your friends can do some harm. In any case, it is quite clear that all the price predictions are making folk look silly ...more  
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