Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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.

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Pyrogenesis Canada Inc > WAITING FOR CONFERENCE CALL

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Comment by BCONTVentureson Nov 07, 2024 9:09pm

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

And some great posts from ceo:

@Slugmyster Everything heading in right direction here. Contracts being signed,$$$coming in,great tech,patience and time, pay no heed to the fudsters,bashers,shorters. PYR is a good company offering a great product. Patience and time. Block and ignore the fudsters.

@MajicT Regarding the working capital deficiency, keep in mind that almost all of that is from 'billings in excess of costs and profits' which is not money owed it's an accounting technicality and will run down as PYR completes the work. The actual numbers are mostly improved from last year (Gross margin %, Revenue up, and the ratio of SG&A to revenue is decreasing). PYR needs to continue to work towards bringing their technologies from early-stage commercialization to broad market awareness & adoption. And once the high margin verticals like metal powders start bearing fruit, that will also help a lot. The pipeline is looking good and I'm sure PPP will continue supporting raises as needed so it's not at all doom and gloom as the fudsters are proclaiming.

@pennytodollar The fact that client B is still testing and has a timelime thay makes sense given their latest document mentioning plasma torches is great. The fact that client C has basically said "if and when our work requires a plasma torch - PYR is approved to sell it to us" is great. Im going to be very very happy when Earthgrid signs for anything more than a single torch because their needs over the next 7 years are ridiculous. Add the 50 other things we are working on and in middle steps - just gotta be patient. My only concern is I feel like the powder client we built the towers for has pended fine powder certification, and if it is Boeing it kind of makes sense. At the same time, maybe Peter just decided to stop relaying the obviously incorrect ballpark timeslines they have given him. Ah well, hurry up and wait as has been for awhile.

And from the Q3 Outlook:

"The early publicity and research results surrounding plasma's potential for use in iron ore pelletization opened the doors to these and multiple other industries for furnaces and high heat applications that the Company believes will ultimately far surpass the specific pelletization application."

BCONTVentures wrote: And keep in mind PYR recently received $1 million from the exercise of warrants.

Also note that Peter has been with PyroGenesis since 1991 (and has helped fund PYR as necessary over the years). 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.

PyroGenesis has been busy chugging away these past couple of years. Look at the new production facility coming online, the doubling of employee headcount, more patents under PYR's umbrella, and growth in existing and new business lines and markets.

Melida wrote: There's nothing inherently wrong in going to market for cash. Pascali is under stringent legal obligations when he partakes in these capital raises.