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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 > Could it be a lease
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Post by wasitreallyok on Jun 03, 2021 4:07pm

Could it be a lease

Could this end up being a lease which in the long run will end up over the long run much higher income coming in on a consistant more reliable basis. Sales are nice but are just one time, whereas a lease would mean higher profit margins over longer period of time, and steady income.
Comment by LeeS12 on Jun 03, 2021 4:32pm
I would almost disagree... at least at first. I personally believe sales would build confidence with potential customers... besides, you're still looking at perhaps service contracts which is a positive stream of income. But what the heck do I know... if I wasn't so old, I could have been one of those guys servicing the torches!
Comment by Aarman4 on Jun 03, 2021 5:43pm
I am pretty sure it makes no difference to Pyrogenesis. If I remember correctly, CEO Peter Pascali stated that the leasing company would do a full payout to Pyrogenesis, and then the leasing company is owed money by the purchaser, so it shouldn't make an actual difference to the income statement. Cheers!
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