Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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

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TSX:PYR - Post Discussion

PyroGenesis Inc > No more delays

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Post by Tcheck on Jan 27, 2022 4:36pm

No more delays

i think pyr had to give in on the price per torch

News mentioned that
assumed cost per plasma torch would be approximately $1.5M.
inthought it was over 2.5 M .
How much profit is left per torch ?

still if that is what it takes to close the deal it represents a great achievement .

the road is cleared .no more delays .

shorts can start buying :)

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Comment by Duke101 on Jan 27, 2022 4:44pm

PYR mentioned previously that the torch price is 1.5M plus the maintenance cost per year is 1.5M per torch.

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Comment by developbc on Jan 27, 2022 4:48pm

From September 2021 News Release : Given recent sales, and the fact that the torches are expected to last 25-30 years, PyroGenesis has revised the estimated net present value (NPV) of each torch sale to be approx. $7MM (calculated based on 20-year life). This is an increase from previous disclosures wherein the Company estimated that each torch sale could represent a $3MM NPV to the ...more

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