Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mostlyseriouson Nov 07, 2024 12:38pm
82 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


<< Previous
Bullboard Posts
Next >>