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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

Comment by Mostlyseriouson Nov 07, 2024 12:38pm
99 Views
Post# 36301339

RE:RE:RE:RE:RE:WAITING FOR CONFERENCE CALL

RE:RE:RE:RE:RE:WAITING FOR CONFERENCE CALLI read the news release, I read the outlooks and what is going on and I looked at the financial statements.  Note 2 gives almost a page worth of context beyond one failiing ratio. The financial statements are prepared on the presumption that the company operates as a going concern but close to the end it states "These conditions indicate the existence of a material uncertainty that may cast significant doubt about the Company's ability to continue operating as a going concern."

The news release includes:  "The Company expects that with its liquidity position and its access to capital markets it will be able to finance its operations for the foreseeable future."

So, all good.  Liquidity position that casts "significant doubt" is not an issue.  Access to capital markets not an issue either even though traditional capital markets had not been used over the past year or so. 

I leave it up to you to explain how with the starting cash position of $40K this quarter and just over a million in warrants will fund an operation of about $4 million per quarter and having a working capital deficiency.  

Is this fair, problem but no problem?   Or still cherry picking where your satisfactory answer is that is nothing to be concerned about liquidity and that your ability to get any kind of an investment advisor licence with that thinking makes it an impossibility?

Melida wrote: The conference call is coming up.   You need context Mostly.  Pyro's comments also clearly state that it has the means to fulfill its strategy.  One ratio is not going to cut it.  Cherry picking at its most insideous


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