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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 kjs4381on Jun 22, 2024 10:14am
120 Views
Post# 36101457

RE:RE:RE:RE:Well ... as i see it ...

RE:RE:RE:RE:Well ... as i see it ...
Mostlyserious wrote: They should because they stated they will start receiving payments.  But it always has been an enigma that a Saudi multi-billion $ venture did not have cashflow to pay some $10 million bill to a company challenged for cash for equipment they are using and that is delivering incremental economic benefits.  Regardless of future potential business.

Looking forward to seeing the amount and the indication when the entire payment will be collected....and the new business deals!



Yes that was something that bothered me for some time.  I even posted on it a couple times. Then re read a couple of the news releases and it was spelled out in there. It was a mutual agreement that the payment schedule would be altered. Radian was going to advance a jv agreement that they had previously made with PyroGenesis.  Money was being diverted for that purpose.  The end result would benefit both companies  ( Peter eluded to this a couple of times) and I'm expecting an announcement about this any day now. 
I believe a lot will become clearer soon. Jmo
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