PyroGenesis Inc T.PYR

A nothingburger

[tamaracktop]

The headline glamorizes the details:

The headline vs the details 

PyroGenesis Signs Initial Order with Global Aerospace Firm for “Coarse Cut” Titanium Metal Powder for 3D Printing

" PyroGenesis...is pleased to announce that the Company has received a small signed order from a global aerospace firm (the “Client”). This order pertains to PyroGenesis’ plasma atomized titanium metal powders designed for 3D printing and is intended for one of the Client’s ongoing internal research and development programs. Unlike the recently announced contract for fine powder, this new order is for “coarse cut” metal powder, typically considered a by-product from the production runs that produce fine powders ranging from 20-45 µm (microns) in size.

The Client is the large global aerospace original equipment manufacturer (OEM) in the United States with whom the Company has previously disclosed our ongoing qualification process...."

What's the dollar amount involved ?

What is meant by "Initial order"? They can't presume another will follow. It might, but it's not a given.

The market will blow this off.

[Casavantsghost]

The “client” placed an order for this scrapped titanium powder for “research”. There was zero implication that there are bulk orders. What they did say is: They continue to build inventory of the regular high test of their supposed titanium nextgen stuff. Where the hell are they finding the money for that which has no guarantee of selling because they’ve not been approved by ANY large scale

[tamaracktop]

Alternate Headline: Pyrogenesis Sells Small Amount of By-product for Testing.

[filoux004]

No Numbers!!! No dollar amount!! No quantity kg!!. Mkt cap 140M Glta.working capital????

[Casavantsghost]

It wouldn't surprise me if they gave it away. There was zzzzero indication that it had ANY monetary value.  I am not sure what the particle distribution is for cold fusion kinetic spraying (and I've asked on another message board of a company I am invested in) but if that is who they may have GIVEN the dunnage to, you could have written a much more worthwhile press release Steve

[Exbomertrainair]

I have been seeing this kinds of announcements so many times since 2016. And every supply have been on NDA basis, which I don't trust anymore those kinds of announcements.  Peter has been working hard selling his shares according to insider selling records.