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Bullboard - Stock Discussion Forum 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... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Need financing now with only 1.2m cash
View:
Post by mingzhu on Aug 15, 2022 5:46pm

Need financing now with only 1.2m cash

Liquidity

As at June 30, 2022, the Company has cash and cash equivalents of $1,291,508. In addition, the accounts payable and accrued liabilities of $9,404,542 are payable within 12 months.

Comment by BCONTVentures on Aug 15, 2022 5:52pm
Not at all there mingzhu, Peter has said a number of times that financing is not required.  Further, take a look at the financial statements and compare PyroGenesis' Accounts Receivable (A/R) vs. Accounts Payable (A/P): Accounts Receivable (A/R) more than covers Accounts Payable (A/P): A/R of $19,205,762 vs A/P of $7,003,200. The accounts receivable are constantly turned into cash/cash ...more  
Comment by madeinhemlo on Aug 15, 2022 6:45pm
...and $34m on the order books and much more to come.  
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