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 > Imagine Burning $50,000 Of Cash Each Day!

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Comment by MrForthrighton Aug 14, 2023 10:58pm

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Post# 35588253

RE:RE:RE:RE:Imagine Burning $50,000 Of Cash Each Day!

1- The financial statements clearly indicate the backlog is not $30 million.
2 - Based on Q2-2023 cash burn, in order to survive until 01 jan 2025, PYR will need to generate $26,565,372. I think they need to lower that cash burn.
3- I am not saying this company does not have a way forward. What I am saying is that the status quo is, how should I say, risky.

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