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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology Pollution & Treatment Controls
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 > Nice
View:
Post by wasitreallyok on Aug 12, 2021 3:48pm

Nice

Nice structure to the deal where money will be paid as AirScience meets milestones.
Comment by ScienceFirst on Aug 12, 2021 4:41pm
AST also boasts a list of satisfied clients which now provides PyroGenesis with the “Golden Ticket”, described in previous press releases. The Golden Ticket provides an opportunity to i) cross sell other PyroGenesis offerings (such as replacing fossil fuel burners with PyroGenesis’ proprietary plasma torches), and/or (ii) propose plasma-based solutions to existing problems. Q3. Are they any ...more  
Comment by ScienceFirst on Aug 12, 2021 9:20pm
The payment structure in this acquisition is very wise.  It protects PYR's shareholders in case some milestones are not met. It removes any risk. Wise. The Purchase Price shall be paid as follows: Approximately 20% upon receipt of payment of US$4MM (approx. Can$5MM) under an existing letter of credit from AST’s client 1, Approximately 20% upon final acceptance test ...more  
Comment by BCONTVentures on Aug 13, 2021 6:42am
This is a fantastic acquisition (of AirScience Technologies) for PyroGenesis and the payment structure is well structured.  The acquistion: 1.  Adds over $10MM of signed contracts to backlog. 2.  Effectively provides PyroGenesis with a 15+ year advantage compared to building these operations from scratch.  3.  PYR will now have a presence in Italy and India (where ...more  
PyroGenesis Inc