Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. It 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. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.

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Pyrogenesis Canada Inc

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Comment by fraser2503on May 28, 2016 10:11am

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Post# 24912767

RE:What do you make of this ?

The backlog concerns me as well.

On Nov 25 the backlog was 16M$;
on Dec 31 it was 14.5M$ (with 9.6M in negotiation)
on Mar 31 it was 10.6M (with 9.6M in negotiation)
3.9M of backlog has disappeared - where did it go? not into Q1 revenue which were only1M

I still believe in the technology but I have a lot of concerns regarding the ability of mgmt to turn it into a revenue stream.

Holding - but not as excited about this as I used to be.

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