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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 BCONTVentureson Feb 22, 2023 10:04pm
139 Views
Post# 35299866

RE:From the CEO site - FYI

RE:From the CEO site - FYII find these posts very informative, as it shows why the delay with the accounts receivable involving Ma'den Aluminum Company (Radian Oil and Gas).  Some other points:

@RustyNut Found the Radian place with our Units. Googled "Radian Oil & Gas Services Industrial Factory" and clicked on it lol. https://www.google.com/maps/place/Radian+Oil+%26+Gas+Services+Industrial+Factory/@26.9967494,49.623945,978m/data=!3m1!1e3!4m14!1m7!3m6!1s0x3e35a1c2acc435d5:0x7fdf5c91f9c3e678!2sRadian+Oil+%26+Gas+Services+Industrial+Factory!8m2!3d26.9967494!4d49.6261337!16s%2Fg%2F11smkspqpg!3m5!1s0x3e35a1c2acc435d5:0x7fdf5c91f9c3e678!8m2!3d26.9967494!4d49.6261337!16s%2Fg%2F11smkspqpg Must get trucked in from somewhere because it's an hour drive to Ras Al Khair smelter.

@RustyNut Here's one I've never seen before. I bet that's Alex on Peter's left. https://twitter.com/MaadenKSA/status/1179319126638174209 Original from @tomcam

@BCONTVentures @RustyNut Thanks for that tweet/pic. I remember seeing that in 2019/2020. Peter and Alex (his Son) are pictured with representatives from Ma'aden.

@BCONTVentures @RustyNut and @peacefultrader Note that per yesterday's update: "An initial off-site facility has been commissioned by the end user of the DROSRITE™ systems and is fully operational since April 2022. The construction of the on-site facility, using DROSRITE™ systems, has begun, and the Company has agreed, following discussions with its customer and its financing partners, to revise the payment schedule with its customer while it is completing its additional financing for the on-site facility. As a result of the strong relationship developed with the customer, the Company believes it was in its best interests to support its customer." The above ^^ can be found under "Payment Schedule under DROSRITE™ Contract": https://stockhouse.com/news/press-releases/2023/02/21/pyrogenesis-provides-update-on-financing-and-corporate-matters

@BCONTVentures Also worth noting regarding PyroGenesis and DROSRITE that: • PyroGenesis is currently bidding on an up-stream opportunity valued at approximately $40MM. • This process is plasma based, and not only reduces GHG, but seems to be cheaper than alternate technologies. • This project is located in the Middle East and is currently experiencing delays to allow the processing of government documentation to catch up with the bidding process.

Long and Strong in PyroGenesis!
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