Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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

Pyrogenesis Canada Inc > Pretty Scary Cash Burn.

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Comment by Sidewindergoon Aug 14, 2023 8:12pm

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Post# 35588093

RE:RE:RE:RE:RE:Pretty Scary Cash Burn.

Actual Context:

1. Relatively low debt
2. Strategic investment value increasing
3. Rich CEO who owns over 45% of the company and has invested another $4.5 million in 2023.

Yes the cash burn and finances are scary. But there are even more reasons to be excited. If you only focus on the finances Pyro looks terrible, but looking at the whole picture creates a different story.

Definition of context: the circumstances that form the setting for an event, statement, or idea, and in terms of which it can be fully understood and assessed.

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