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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 > Is new financing is coming??
View:
Post by slowcook on Oct 12, 2022 10:30pm

Is new financing is coming??

Cash on hands is probaby zero now, as burn out rate last two Q-s was over 10mm cash.
 Unless pyro is using line of credit, new financing could come soon??
Comment by beachbuminMexic on Oct 12, 2022 10:52pm
If there is any financing coming it probably be Peter himself supplying and needed funds. He has basicaly finacned the company to this point in time eh!....Beachbum
Comment by tamaracktop on Oct 12, 2022 11:09pm
" If there is any financing coming it probably be Peter himself supplying and needed funds. He has basicaly finacned the company to this point in time eh!....Beachbum".....Of course! He could buy back the stock he sold at $4, and $3, and $2, and at $1.42 as recently as last Friday, right before the contract cancelation was made public. He's a savy investor!
Comment by sorrenson on Oct 12, 2022 11:39pm
You mean the 3 million shares he bought at $0.18 last August September or the 1.2 million at $0.58 in August or the 1.2 million is about to buy for $0.58 I would love to go through and see the entire share options warrants etcetera etcetera that this guy has I think he took $10 million out last year give or take a million yeah Mr charity luckily it looks like he's got about 7,000,000 ...more  
Comment by slowcook on Oct 20, 2022 4:22pm
Nothing surprising in PP.. PYR burnet 12MM cash in last year. The terms of the PP are good in my opinion. I'm just confused why PP was only 1.3MM?? Hope that means they'll generate cash soon?!
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