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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 24, 2024 8:15pm
286 Views
Post# 36104239

Are you all joking ??

Are you all joking ??This payment everyone is talking about and speculating is not a material event when it comes is from a contract that was announced Three Years Ago. 

This amount is being carried on the books as a receivable, and receivables are by far the company's biggest Current Asset. 

Working capital is Current Assets minus Current Liabilities.

Do a stress test and calculate what working capital is if this receivable is written off.

If you think any development at all regarding this receivable isn't a material event that the company would choose not to divulge, you're completely nuts.

You'll soon learn that nothing has yet been received as of today's date.

Who here thinks otherwise?

Who will step up and say they truly believe PyroGenesis has already received funds from Drosrite, but hasn't announced it yet.

Let's have no mockery or deflection, who here is willing to step forward and say they think there's money from that source already in the bank.

I'll bet not one of you will.
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