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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. 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, 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

Bullboard Posts
Post by CndnBaconon Jul 16, 2020 8:25am
327 Views
Post# 31274762

Operating Deficit is NOT Debt

Operating Deficit is NOT DebtThere seems to be a misunderstanding that some are exploiting on other forums, stating PYR has over $60m is Debt....that is factually Incorrect. The ONLY debt carried by PYR is the $900K debenture from earlier this year prior to 1st DI payment. The Operating losses of $60m over the years since going public are not Debt, and is why PYR has $50M in tax loss carry forward to apply against future revenue....that $50M is actually an unbooked asset....sheeeeesh
Bullboard Posts