PyroGenesis Inc T.PYR

Waste destruction Line of business shift of focus

[Somanyquestions]

I read that Pyro was focused on other LOB'S and the latest report said they are now re-focused on this.

Anyone know why the change? Seems like a very gvt oriented line of business (navy ships). Would cruise lines be interested in this? 

Are margins good on this?

[beachbuminMexic]

Ok you've been a member for one day and first post. Show me what you have read and where? Or are you here just to give misleading fud?.....Beachbum

[Somanyquestions]

It was in recent press release. Source: https://stockhouse.com/news/press-releases/2022/05/16/pyrogenesis-announces-q1-2022-results-revenues-4-2mm-gross-margin-25-current Land Based Units/Environmental The Company did not previously aggressively target the Company’s land-based/environmental solutions during the period where the Company’s other offerings, such as in steelmaking and aluminum

[Zaphod]

They put one in a cruise ship years ago . It's not economically viable or green The reason the aircraft carriers need them is they don't return to port and they have 5000 people on board. Previously the Navy would just Chuck it overboard but it's no longer considered acceptable. Only a military operation could afford to use such an expensive system and cruise ships are in port every

[Somanyquestions]

Thanks for explanation. Sounds like a limited market but if the company makes money off of it we might as well offer it. I watched Peter's presentation and he explained the change of focus and why municipalities are not targetted (slow decision making). They essentially targetting companies that can make a decision 'in a boardroom' and purchase and military contracts here and there

[beachbuminMexic]

Maybe this is what you are trying to refer to PyroGenesis Selected to Provide $9.2 Million Land-Based System to Destroy PFAS; An Emerging Hazardous Waste Stream T.PYR | October 28, 2021 First Non-Military Land-Based Contract MONTREAL, Oct. 28, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (NASDAQ