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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 GrahamBon Oct 30, 2023 10:17pm
203 Views
Post# 35708504

RE:Financially speaking

RE:Financially speaking
FanDuCh wrote: Who the hell really think that Pyrogenesis is dying and that they won't be able to survive the actual situation and close the doors.  Pyrogenesis is a company that has been growing rapidly in the last few years with more and more employees and projects in development.  They're not going anywhere and their actual clients and the futures ones needs Pyrogenesis technology and solutions.  PPP will find the best strategy in the short term to finance and continue Pyrogenesis adventure for many years to come.  Fan

What does the company say? As  at  June  30,  2023,  the  Company  has  working  capital  deficiency  of  $3,168,366  ($1,650,709  as  at December  31,  2022) including  cash  of  $829,583  ($3,445,649  as  at  December  31,  2022).  The  working  capital  is  net  of  an  allowance  for  credit losses  amounting  to  $6,303,840  ($5,023,283  as  at  December  31,  2022)  as  further  described  in  Notes  6  and  7” 

 

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