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.

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PyroGenesis Inc > Does anyone here even know what it means?

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Comment by dalesio_98on Dec 26, 2024 6:21pm

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Post# 36377942

RE:RE:RE:Does anyone here even know what it means?

Melida,

Neither company has serious funds for advancement. Issuing shares from treasury a plenty.

Good luck to All!

Melida wrote:
Skier is right. Especially in relation to HPQ.

I figure that owing 5 million bucks to Pyr was making HPQ customers hesitant to put cash up front to facilitate HPQ product development as part of a possible off take.

And to address a poster's comment, I agree, off takes are "just" contracts. In this instance the contract effectively would be a financing/purchase agreement. It's the finance angle that made it a priority for the HPQ debt to be paid off by the issuance of equity to Pyrogenesis. No way I would advise a client to off take if supplier (HPQ) owed 5 million to a third party. So, the debt to equity is a big deal, over and above being a cool investment for Pyr.

Time will tell but as I've already said, the rocket is cleared for take off. I'm looking forward to 2025