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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 26, 2024 9:20am
75 Views
Post# 36330875

RE:RE:PyroGenesis collects $2.8M under Saudi aluminum contract

RE:RE:PyroGenesis collects $2.8M under Saudi aluminum contractDalesio, this was mentioned in the June 26 NR and I believe has been part of its quarterly updates for a long time in terms of the number of systems delivered and manufactured:

"Once the payment of the remaining balance due of approximately CAD$4.8 million (USD$3.5 million) plus storage fees is secured, the remaining 4 systems, which have been manufactured and are currently in storage, will be shipped."

Looking back at June 26th reminded me that they issued two press releases that day.  In the second one, "...is pleased to provide additional information in response to investor questions regarding receipt of the CAD$4.1 million payment announced earlier today"  They prep a comprehensive news release and hours later they have another one.  Interesting. I keep waiting for 3P to address troglodytes in his news releases.  He is getting close by including comments on his critics, I assume from social media.  Good on him to be one of probably very few that makes such comments while countless companies are constantly criticized for their lack of performance.
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