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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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.


TSX:PYR - Post by User

Bullboard Posts
Comment by Bytheriveron Mar 03, 2020 9:25am
85 Views
Post# 30760212

RE:RE:No need to spin out anything...

RE:RE:No need to spin out anything...

Moorage, I appreciate your point. My point was this probably isn't the right time to try to attract outside investors to a spin off if the objective is to get the biggest bang for the buck. The current lag in share price of PYR is probably directly related to the lack of confidence the market has in management in that they have a history of making press releases about wondrous potential, including expected payments being imminent, that haven't come to pass. Last years cancellation of a multi-million dollar contract hasn't helped. To attract big buck new investors management needs to prove they can deliver on revenue and profitability projections. 


moorage wrote: rainorshine59 ( and Bytheriver )

Just one example why a spin out make sense :

An big investor who wants to invest ( a lot of money )  in powder
has no interest in dross.
He will never invest his money in the previous PYR.

 

Bullboard Posts