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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 GrahamBon Dec 04, 2024 6:07pm
68 Views
Post# 36346129

RE:RE:RE:RE:RE:RE:RE:RE:PYR will build all FSR reactors

RE:RE:RE:RE:RE:RE:RE:RE:PYR will build all FSR reactors
maybe111 wrote: Both PYR and HPQ are quite open on costs, really. It take some understanding on the cost components but, if you have lower CAPEX and material input costs and a better product, it "should" lead to better margins. The dillema is, the big guys want you for nothing and, they have the money. So, your only alternative is to get  them bidding.
Not easy.
If they bid and it becomes public, the stock price goes up and you can finance manufacturing yourself through the sale of shares.
Given the Canadian market, it becomes more interesting in that the first excitement drives the share price far too high, too fast with the result being disgrunteled NEW shareholders.
Sound familiar?
Then, it takes time to get acceptance in the market especially when your competetors have built new capacity. Probably because they know your capability and have locked in their customers with long term offtake contracts. And, they have the ear of government which doesn't want to see the workers there suffer by having competition. Sound like Ayn Rand's novels eh?

So, you arre  left with self financing i.e. selling shares on the market so that you can obtain the money to continue operations.

Except for the facts of your review the financials that:
1.They consistently fail to be profitable and have losses in the millions

2. Don't show any ability to scale revenues, and the costs have increased in lockstep with any increase in revenues-meaning so no profitability-like having a partner who spends any raise you get at work and charges more on the visa

3. Have huge SGAndA which is millions in compensation

4.Revenues have in fact been decreasing

5. Many of the revenue items are projects that haven't shown profitability

6. The accounts receivable are in the millions and they can't seem to collect in a timely manner

7.Check out the auditors statement on the last annuals for concerns re revenue accounting 

all imo
fwiw
for education and fun
dint own this -never have-long or short 

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