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

PyroGenesis 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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