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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

Post by developbcon Nov 12, 2020 8:39pm
820 Views
Post# 31892412

Great post from friend regarding PYR

Great post from friend regarding PYRFrom a friend's post on another forum: 

Other important things to note
1) There are 5 other divisions of PyroGenesis; 3D Printing, DROSRITE, Military, PUREVAP and Tunneling. I am honestly sick and tired of the fixation on one division of the company when there are so many other areas whereby revenue is and will be generated moving forward;

2) PyroGenesis is about to release its 3Q2 financials, EPS guidance for this quarter of $0.07/sh and full year 2020 of >$0.11/sh. PyroGenesis has never been profitable in any given year, this is going to be an incredible year where the financials and balance sheet are concerned; lastly

3) Everything is moving forward on all fronts, For the three months ended September 30, 2020, the Company estimates that it is making positive cash from operations and no longer has a cash burn rate. Based on its current
order backlog, the Company estimates that it will not have a cash burn rate for the next 18 months. The company has also further shored up its balance sheet with a $12 million raise (even though they didn't need the capital, as described above).

I can't think of another time in PyroGenesis history where the company has been absolutely so well-positioned and healthy, hence the impending uplist and tremendous growth profile that is about to materialize. Long and strong!


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