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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 > Torch Production Equipment NR
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Post by LastZaz on May 13, 2021 1:42pm

Torch Production Equipment NR

I'm happy about the improved production time and reduced cost related to the investment of the torch production equipment; A great capital investment. However I would temper expectations revolving around the idea that this is specifically intended for the iron ore pelletizer torches.

Why? Because Pyro uses their plasma torches for more than just the pelletizers. They're used in the 3D powders, the waste destruction, and so on. The NR does not indicate this is for anything besides plasma torches - which happens to fit into several of their business lines. Furthermore, they have previously stated that the iron ore torches are entirely constructed off site. Unless this has changed, I'm not so sure this is for the iron ore torches. This would be a good question for Peter on Agoracom.

So, as a prudent investor and supporter of Pyro, I would consider this an investment in all of those business lines - not just iron ore pelletizer torches. Although I would be happy for this to end with a big pelletizer torch order, I would be cautious on that assumption for the reason stated above.

And wow - I don't get the price swing down today; I see many small caps are eating dust today, but given the powder line is sending qualifying samples and should start producing recurring revenues in the coming months, this is too significant of a drop given the great news lately. Most importantly, it is evident we can expect some nice contracts this year based on what we know, and we can expect great things to come in the coming months and years. A great long term hold. I hope people begin to buy on these dips. I fear the market conditions are forcing people to pull out of riskier stocks and go into safer investments like consumer staples, utilities, industrials, etc which may leave us stagnant until Pyro really has some terrific news. I'll still be holding.

GLTA
Comment by yf4l8888 on May 13, 2021 1:51pm
good post and completely agree - I highly doubt the opex cost for the new lease couple with a $1M (min) capex cost for equipment would be used strictly just for one line. As well, I think prior to the investment PYR would have knowledge of the potentail revenue to establish a payback and ROI for these expenditures.  The last two NR's, in my opinion, are way bigger than people give it ...more  
Comment by raglo on May 13, 2021 3:25pm
 Bootstrapping? Build plasma torch, use to produce powder for 3D printing, buy 3D printer use powder to build parts for more torches , use them to produce powder for 3D printing, etc. etc. pretty soon you have a production line now all we need is a robots and AI , just like Elon Musk:)
Comment by ScienceFirst on May 13, 2021 7:12pm
Raglo ... It crossed my mind too.  This equipment is a 3D powder.  And it's to build torches.  Lots of them.  No doubt.  It fits: - a 1MM$ price definition - the definition of "state-of-the-art" - the definition of "an equipment that has wide range of of capabilities".  And it becomes your carte de visite to show your aerospace and OEM ...more  
Comment by ScienceFirst on May 13, 2021 7:17pm
This equipment is a 3D powder.  And it's to build torches.  Lots of them.  No doubt.  It fits: - a 1MM$ price definition - the definition of "state-of-the-art" - the definition of "an equipment that has wide range of of capabilities".  So it could also serve to make Drossrite pieces too, on top of torches. These  ...more  
Comment by ScienceFirst on May 13, 2021 8:20pm
This is the 3D printer that costs several million of dollars.  Watch carefully.   Video:   X Line 2000R | DMLM Machine & Metal 3D Printer| GE Additive We have one worth 1MM$.  Not bad at all.  PYR can test any of its additive to uniquely process materials which, until today, did not seem economically feasible ...more  
Comment by windywolf on May 13, 2021 8:43pm
I know. Its saulgoodman.
Comment by ScienceFirst on May 13, 2021 9:05pm
Here's the proper link to that GE several million dollars 3D printer mentioned oin my previous post: X Line 2000R (DMLM) - YouTube __________________________________ ScienceFirst - (5/13/2021 8:20:52 PM) RE:RE:RE:RE:Torch Production Equipment NR This is the 3D printer that costs several million of dollars.  Watch carefully.   Video:    X ...more  
Comment by Pitpitcolisse on May 13, 2021 9:38pm
A 3d printer is usually slow, but this one seems crazy fast :  https://www.youtube.com/watch?v=-O56-g-YrVU&ab_channel=SPEE3DSPEE3D https://www.youtube.com/watch?v=2FFhGMjE2AQ&ab_channel=SPEE3D
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