PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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.

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PyroGenesis Inc > A few points

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Comment by developbcon Apr 05, 2022 12:47am

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Post# 34575534

RE:RE:RE:RE:RE:A few points

Yes indeed. Great to see factual posts in the midst of this crazy misleading false FUD campaign.
Pyrogenesis has very clean balance sheet, well capitalized with huge backlog $$$ and no debt.

Strong credible reason to double the manufacturing footprint and employee count recently.

Long and strong PYROGENESIS

bart10 wrote: 1. No diluation

Not sure how there could be any dilution, in any way, because the company did not issue any new shares. There was no dilution.

2. PYR is immune anyway

PYR is immune anyway. There is a majority shareholder. The December shenanigans did not change that one iota.

And, PYR has an excellent balance sheet and no debt, is wholly capitalized for the mission. The December shenanigans did not change that one iota.

3. December: A well-calculated play! The authors may have made a lot of money for themselves. But, because the PYR has an excellent balance sheet and no debt, is wholly capitalized for the mission, PYR does not look to shareholder transactions as a revenue source. PYR has no need for shareholder transactions as a revenue source. Oft said, but bears repeating, the company is distinct and separate from the shareprice.

4. Ethical kudos to PYR!

Look at what happened. PYR changed auditors. PYR did not have to change auditors. By changing auditors, the new auditors recorded things differently. By recording things differently, the "loss" was recorded. A biggie. PYR did not have to do that, and could have stuck with the old auditor, and one assumes the "loss" would not have been reported as it was, had PYR stuck with the former auditor. PYR did not have to do things that way. Way to go! Bodes very very well for the future.

5. Shareholder expectations...?

If one is seeking a quick return with a magic wand surprise "contract", things do not work that way with multi-billion dollar companies. If one has that kind of expectation, perhaps seek other equities. This is a long-haul, multi-year journey.

My own expectation: waiting to see the new global CEO of Rio Tinto come into his own in the next couple of months. He has been there since March, but officially takes over soon. A former Canadian Ambassador. Generally, former Canadian Ambassadors have "Canadian interests" as part of their blood and bones. I like the tea leaves, if you don't mind the speculation.