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.

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PyroGenesis Inc > PYR High Cash Burn During The Weekend

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Post by MrForthrighton Aug 19, 2023 9:33pm

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Post# 35596678

PYR High Cash Burn During The Weekend

Do you realize that between Friday night when the PYR office closed and the time it opens on Monday morning it will have burned $100,000 in cash (based on the cash burn from operations in Q2 2023)? I hope PYR raised significant cash by selling HPQ during their recent unexplained move up. It would have been super easy to raise $1.5 million to cover the August cash burn. No brainer.

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