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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

Post by Mostlyseriouson Apr 08, 2024 9:00am
221 Views
Post# 35976393

The bottom line

The bottom line is that any company with a negative working capital needs to get some cash sooner than later.  Be it from sales or some financing raise through debt or equity.

I can't see debt from a typical lender so maybe related parties, again.  Equity?  With related parties again since it has been awhile with external parties?  Sales cycle too long and you are talking about gross margins being that "free cashflow".  Biggest source known is the collection of the US $8 million accounts receivable.  Massive, that it is really unbelievable that it remains uncollected for so long from a large venture.  Expected in Q2, and needs to happen.  

Ofherwise, all this talk about what may pan out in the future from trials with no determinate end in sight is hypothetical and impractical.

Really interesting to watch how this will unwind.
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