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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

Comment by humbleguy13on Jul 22, 2020 1:28pm
251 Views
Post# 31302971

RE:Once in TSX ...10 Bill Cap $80 per share

RE:Once in TSX ...10 Bill Cap $80 per share
WOW! Yes the "potential"  looks great but lets look at the forecast for next quarter.

Management Guidance for Q2 2020

  • Revenues of $2-2.25MM are expected in Q2 2020,
  • Management expects that Q2 2020 and the six months ending June 30, 2020 will be profitable.
This is with a signed contract that is guarenteed 25 million of revenue in the first year ....somehow the math just does not add up.

If this company was listed on the TSX the guidance issued would likely have been punished for such a major dissappointment. 
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