Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by canyousayiiion Apr 17, 2021 10:29am
254 Views
Post# 33016923

RE:some facts

RE:some factsIf I may, I would just nuance some of your facts for greater accuracy. Semantics to some, clarifications to others that pay attention to financial terminology. While it is true that there was no operating profit, if not for the share-based payments, there would have been a positive cashflow from operations. As at the end of December 31st, they had a $30M backlog. That is the amount of signed sales contracts that will be converted into revenues once executed. I think you made a typo in saying "as at minimum $65 in sales" corrected by "likely quite firm" which is inconsistent. They believe that they have proposals that are solid enough out there that will result in $65M in contracts within 6 months, to be recognized as revenues or sales within 18 months of when individual contracts are signed. This amount of contracts is seen as a minimum. There could be more contracts signed than this within 6 months, and there is no indication for beyond 6 months. How all this stuff rolls into the annual results for this year cannot be reliably estimated by us, but at this stage it may not matter. It may matter more how much of current and future business is being secured. Within six months (mid-October-ish), according to this guidance, PYR would have had a combination of earned revenues and backlog of minimally $95 million.
<< Previous
Bullboard Posts
Next >>