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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > It's January 10th
View:
Post by tamaracktop on Jan 10, 2023 9:14am

It's January 10th

$3.8 million in revenues coming in the next year-and-a-half.

REVENUES !

"This first system is contracted at approximately $6MM, not including ongoing after-sales support of an indeterminate amount. This contract includes a first payment of approx. $2.2MM. The first payment has been received. "

It's January 10th

There have been 5 business days in the year so far. 

The $2.2 million initial payment will likely be included in Q4 revenues when they're announced.

Don't get all excited.

The market will blow this off.         

Comment by sorrenson on Jan 10, 2023 9:28am
18 months   from begining of production so add at least 6 months for design  so two years ( 3 with their track record) The profits from this will  cover one month...now what ? I for one find it strange that a company would pay 2.2 million deposit prior to a design .  BUT it will pump it up a dime or more today..jump in jump out ,...
Comment by Bennyfatboy on Jan 10, 2023 1:36pm
Yawn...
Comment by HARJAY on Jan 10, 2023 9:32am
So what your saying is tthere will be no other payments  made on this contract  in 2023  ? Somehow i doubt that,  but of course if you have a negative agenda , then thats what your hoping for , right ?
Comment by Gottofly on Jan 10, 2023 9:41am
This likely will not rocket and hold the SP, but me thinks the NR will start to stack up.....then Letter rip. I loose no sleep on my PYR holdings, for emerging tech juniors just stick with the "don't throw in more than you can afford to loose" strategy and wait. Yes....some don't work out for all juniors, such as XBC, luckily I sold my XBC at $4.50 for a nice double.  This ...more  
Comment by tamaracktop on Jan 11, 2023 6:58pm
It's been two sessions since the "Breaking News", and the stock is up two cents.  As for follow-through, there wasn't any. Opening at a the day's high and closing at the low is as bad as it gets.  I suppose down ten or twelve cents on the day would have been worse, but there's always tomorrow.  There are novices here that think this stock is cheap only ...more  
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