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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > 36 torches x $1.8M= $64.8M within next 4 1/2 months?
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Post by Good4You on Jun 05, 2021 10:55am

36 torches x $1.8M= $64.8M within next 4 1/2 months?

If Peter sold the first trial torch for $1.8M, maybe the next "first" 36 were to be at the same $1.8M discounted special introductory price, total $64.8M, as PYR tech is quite new and could be a good incentive to get things rolling, even with less profits...and this could explain the $65M/6month of April 14 (now 4 1/2 months remaining). Pure speculation of my part. Have a great weekend :0) Good4You
Comment by Good4You on Jun 05, 2021 11:12am
And don't forget that things may have changed since Peter's first estimated $3M/torch, bringing the costs and prices down. PYR could now be producing all the torches parts much faster with their new 3D? $1M machinery in their new facility. This could contribute to new lower costs and prices that could stimulate more clients to join in and adopt PYR'$ plasma tech and UNIQUE SOLUTION :0) ...more  
Comment by Good4You on Jun 05, 2021 11:32am
And it could explain this very specific $65M? not $60M or $70M! If my assomption is correct, this 36 torches deal is about to become the first MAJOR Torches SIGNED CONTRACT: any day, any time...and I hope it burns most remaining shorts at the same time. Good4You
Comment by wasitreallyok on Jun 05, 2021 11:45am
I believe the first torch deal was just for the torch, nothing more nothing less. No on going support and maintenance. I think it was because that first torch was just to test the system out where they didn't see anything but a test, either it worked or didn't. Future sales will likely include ongoing maintenance support. So I expect the next torches will be a bit more expensive, as they ...more  
Comment by RealistDontalkm on Jun 05, 2021 12:33pm
  did they state it's a sale or a lease for 36 torches?? My guess is ppp is gonna go for 36 leasing and it be 1 mil each...  
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