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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 > People just don't get this
View:
Post by vestmed on Nov 18, 2021 3:22pm

People just don't get this

They have a very good probability of selling about 200 iron ore torches in the next year and possibly many more. If they sell 200 torches that gives them a recurring revenue of approx. $50 M per year in maintainence. That doesn't include anything else. 500 torches is $125 M in recurring revenue, a pretty sound base from which to add multiple millions in all the other projects.
Comment by BCONTVentures on Nov 19, 2021 6:31am
Great points vestmed, thanks for this. Also remember that Peter Pascali (PYR's President and CEO) has been with PyroGenesis since 1992 and owns approximately half of the outstanding shares.  Peter has invested millions of his own money (through private placements, etc.) to fund and support PyroGenesis.  This speaks volumes to the amount of support that Peter gives to PyroGenesis and ...more  
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