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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 wasitreallyokon Apr 02, 2022 11:19pm
552 Views
Post# 34570750

Financials

FinancialsI have looked through the financials to see if there was any reference to the $40 million bid PYR had thought they had been frontrunners, and possibly another contract worth the same. We had been told that these were bogged down in beaurocracy. Anyone have any additional information?

There is a piece at the end of the Aluminum piece that says they are pitching a few other contract at the writing of the document (financials). Could this be referring to the $40 million contract we were all waiting for news on?

I thought the way the financials were written was much better. More solid information, less speculation hopes, which could be in play but not something the reader may hold the company to, even though everything is out of PYR's control. Might be more of a sign that the company is maturing.

Peter had mentioned last year that he was pleased that the Board was looking at purchasing inventory ahead of time to avoid delays. In my opinion this inventory relates to having everything in place to fill a large torch order. Can't say for sure just my opinion.
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