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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 fdfd12on Oct 16, 2020 10:56am
169 Views
Post# 31728122

RE:Working Capital

RE:Working CapitalBerzay I said this to the board a few weeks ago.
They said I was crazy and they do not need capital.
They will get a downpayment from the orders and use that
to fund the contracts.


Berzy wrote: Good news all around. Those worried about dilution have a short term view. The larger the contracts expected, the more working capital the company will need to fund those contracts whether it be raw material purchase, team mobilization, or contracting out some fabricating.

Looking forward to the next few weeks.....

Berzy


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