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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 Sidewindergoon Jul 02, 2023 8:00pm
147 Views
Post# 35524432

RE:RE:RE:Hilarious

RE:RE:RE:Hilarious

For the record $5 million was raised at the last offering, but $2.5 million was bought by Peter. That closed in early March, so this one closing early July means Pyro needs to make some sales if they want to avoid another raise in late 2023. 

I still don't see the challenge and will disagree with that sentiment until Pyro is unable to raise their desired amount. 

https://ir.pyrogenesis.com/news-releases/news-release-details/pyrogenesis-announces-closing-5-million-non-brokered-private

Im bullish, but Pyros cash burn is the greatest risk that should be closely watched along with global adoption of technologies in Pyros business line.

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