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 > Fair terms?

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Comment by GrahamBon Dec 21, 2023 5:57pm

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Post# 35796696

RE:RE:RE:RE:RE:RE:RE:RE:Fair terms?

Mostlyserious wrote:
I don't think many really give this loan much thought. They all know, whether admittedly or not, that PYR can use additional financing. That's what a negative working capital means and there are several ways to address it, this being one.

So, getting money to help being able to fight another day is good. Seeing a 3% interest rate when others are paying double digit rates, is also good.

And then the other information comes into play. Risks are the ones investors should care about. Gamblers may not care as much.

As an investor, March 2024 comes along and Mellon requests payment of the full loan. If PYR does not have the means to do so, what can Mellon go after as collateral? Can it or what if it takes the IP for the most advanced and promising technologies? One really needs to be very well versed in interpreting these agreements to understand their full exposure, and that's what real investors would like to know.

The riff-raff, carry on hoping that everything will turn out well for them because PYR will sign tens and hundreds of millions of dollars in big contracts and this is just a rough patch.

There is no Average Joe here that is able to assess the fairness of this deal IMO.