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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology Pollution & Treatment Controls
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 > Q1 2024
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Comment by BCONTVentureson Apr 09, 2024 8:26pm
90 Views
Post# 35980284

RE:RE:RE:Q1 2024

RE:RE:RE:Q1 2024 top,Peter has been with PyroGenesis since 1991 and will continue to fund PYR as necessary. 

From the Outlook from last week's NR, the amount owing (receivable) from Radian Oil and Gas ($8 million US) is expected to be received in full within Q2 2024.  This $8 million US ($10 million CDN) will give PYR plenty of runway.  Also, keep in mind that PYR allowed for a delay in payment from Radian to allow for more business opportunities to occur with Radian/PYR.

PyroGenesis' President and CEO has significant "skin in the game" (Peter owns close to half of the outstanding shares in PYR).  Same with Bernard Tourillon of HPQ Silicon.  Us shareholders are in good hands. 

From PyroGenesis' 2023 Conference Call:

https://ir.pyrogenesis.com/news-events/events

I appreciate Peter going "off-script" at the start of the call.  There is a lot going on behind the scenes, it is worth reading (and re-reading) the Outlook and accompanying MD&A.

And keep in mind regarding PyroGenesis and their plasma expertise/experience:

PyroGenesis has one of the largest concentrations of plasma expertise under one roof. PYR makes some of the most unique plasma torches in the world.  PYR's torches run on air, oxygen, argon, helium, and even water which is quite uncommon.  Their torches are compact, lightweight, easy to operate, fully-automated, with high levels of safety, and impressive reliability. PyroGenesis torches can operate for extremely long periods without maintenance, and they can easily restart without manual intervention.

Looking forward to 2024 and beyond!
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