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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 > Wasn’t much of a gamble at the time
View:
Post by StairwayTo on Apr 08, 2024 5:12pm

Wasn’t much of a gamble at the time

2019-2021-2020….The CEO was producing videos, one after another, along with press releases about this 4th state of matter, being the one having the most expertise under one roof.
Clients were so exited, one didn’t want to go the modelling stage and order right way (we were told) but PYR rejected, another one wanted 1 and asked for a quote for 36 more torches (we were told), and another one purchased 4 (and apparently) said that the next order would be for 110 (we were told) and that each of them have many furnaces that would require 1000’s of torches.
And George, you know what, these are not the biggest companies wanting our torches.
And being inside the fence, we can say that conservatively we have $65M contracts within 6 months.
All during Covid and post Covid.
Well orchestrated publicities for months and years on, for the benefit of a few.
Comment by Mostlyserious on Apr 08, 2024 8:28pm
I can only blame myself for conservatively thinking half of the stuff they talked about delivering they would deliver.  Should have asked myself whether delivering 10% was worth the risk.
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