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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by BCONTVentureson May 06, 2024 6:59am
110 Views
Post# 36024409

RE:This isn't disinformation, it's a fact

RE:This isn't disinformation, it's a fact
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.

With PyroGenesis each of their business lines/divisions is built on their core plasma technology.  This is what smart companies do, innovate and expand around the core.

Looking forward to 2024 and beyond!
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