Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 tamaracktopon Sep 21, 2023 3:46pm
229 Views
Post# 35648042

RE:RE:Can We Go Back To Discussing Pyrogenesis?

RE:RE:Can We Go Back To Discussing Pyrogenesis?
tamaracktop wrote:
MrForthright wrote: Focus on the company, not those who post here. How much cash is left?


Give me one more day


Didn't have to get far into it before concluding that the company is in real trouble. 

Not much sense toiling over the numbers any further. 

I've assumed there's been no material developments in collecting payables that have been outstanding in arriving at the conclusion that the cash is gone and the working capital deficit is now at least $8 million and approaching $10 million.

I see a sequential decline in revenues as well, and don't expect them to report more than $2.5 million, representing a decline of 55% from Q3, 2022 revenues of $5.6 million. 

Probably most importantly, it appears to me that the company has virtually no recourse to material additional financing.

Those are my personal numbers, after less than extensive dd, but they are very likely very close.

I didn't have to go deep before realizing that no matter what, the company is in real trouble. 


<< Previous
Bullboard Posts
Next >>