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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Bullboard Posts
Comment by TomKCamon Sep 06, 2018 2:30pm
126 Views
Post# 28574051

RE:RE:There must be cash coming

RE:RE:There must be cash comingYou are right. And it is stated in the last MD&A at page 10 : 'Revenue generated from active projects does not yet produce sufficient positive cash flow to fund operations. However, based on current backlog of $4.14MM at August 21, 2018, together with the pipeline of prospective new projects, cash flow from operations are expected to become positive in the very near future.'  This is coming from HPQ Pilot Plant financing. Next quarter financials (cash position) should be way better.

I have a question for you maybe111, if you do not mind : since PYR participated in the HPQ financing and is (in a way) getting back the investments by receiving the money to build the plant, how will it be reported in the next financials?

PYR received 16,250,000 shares of HPQ and an equal amount of warrants. If Purevap succeed, it will be a very good investment for PYR. And PYR is basically getting the money from Investissement Qubec.

Tx,

Tom
Bullboard Posts