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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 tamaracktopon Jun 13, 2024 11:21am
170 Views
Post# 36087142

Nothing will matter if Drosrite doesn't pay

Nothing will matter if Drosrite doesn't payManagement has gone from assuring that the ~$11 million Canadian would be payed in full by the end of Q2 to saying that Drosrite would "commence" reducing the amount owing during Q2.

There are eleven business days left in the quarter. 

If Drosrite doesn't pay anything at all, it's a real problem that calls into question a number of issues regarding the company's biggest ever contract.

If they pay only a paltry amount, it won't go over well either.

This account is seriously in arrears.

A million or two won't cut it.
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