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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 > I must to repost my answer to developbc
View:
Post by sonjrkv19031147 on Oct 19, 2021 12:13pm

I must to repost my answer to developbc

I must repost my answer to developbc:
But I understand the situation in this way: PYR's technology offers to use electricity powered plasma torches instead of gas or oil for the iron ore palletization. The LKAB’s technology offers to use hydrogen instead of gas, oil, or coal (Sweden is rich with coal) for the pellets production. Since hydrogen is expensive these days, the PYR’s technology is preferred. But in 3-5 years from now, when hydrogen production expenses might decrease profoundly, the LKAB’s technology might become more valuable than the PYR’s one. I think that iron ore pellets producers are trying to solve the dilemma: to start with the PYR’s technology right now or wait 3-5 years and then use the LKAB’s technology. Probably, it is a reason of delays in signing contracts with PYR. As an investor in PYR since 2015 with more than 100K shares, I hope that the PYR’s technology will be the winner.  
Read this carefully:
https://ca.finance.yahoo.com/news/using-world-first-green-steel-040043991.html
I guess we should not be expecting a big torch contracts in the near future
Comment by MidtownGuy on Oct 19, 2021 4:43pm
Sadly, you have no idea what you are talking about. The article in question is about using hydrogen to make green steel, not green pellets. The green steel made using hydrogen is made from pellets, downstream. It has been written about conclusively many times, including by me on August 23: https://stockhouse.com/companies/bullboard?symbol=t.pyr&postid=33747136 Green steel is different ...more  
Comment by TheShare on Oct 19, 2021 5:14pm
Good to see you back again, MTG It is always a pleasure to read your comments and that you provide clarity. Thx to developbc and all the other good guys on this board as well. You all give me trust in PYR. And not to forget the unbelievable SP predictions of uncle. These are good for the mood. GLTA
Comment by sonjrkv19031147 on Oct 19, 2021 5:33pm
Thank you for your post. I have learned a lot from it. 
Comment by sonjrkv19031147 on Oct 19, 2021 5:39pm
Thank you for your post. I have learned a lot from it. 
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