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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > FUD bashers always posting false narrative about PYR cash
View:
Post by developbc on Jun 03, 2023 8:16pm

FUD bashers always posting false narrative about PYR cash

First of all PYR is expanding NOT contracting.  They are adding employees NOT laying them off.

As for the cash...really quick...Since Q1 March PP of 
$5M


May 30/23 : 5000kg order of Ti + 6000kg provisional order of Ti = Can only guess $300-600 / ton.  The quality of this titanium will be of high quality so could be upper end or more.  
Definitely over $2M plus another $2.4M plus 6 ton provisional order. 

May 18/23:  $2M Drosite pmt recieved...$10.7M to be recieved

June 30/23  $3.6M coming from HPQ by end of June

That is over $7.6M to $10M(if provisional 6 ton order) plus other developments PYR are working on .  

Long and strong PYR!!!!!!!


Comment by tamaracktop on Jun 03, 2023 8:51pm
What's expanding? Revenues? Nope Backlog? Nope Earnings? Nope Losses? Yup. Pyrogenesis burned $2.07 million a month in Q1. Right now I figure they have between $2 million and $3 million in cash 
Comment by Thinkbigsti69 on Jun 03, 2023 8:56pm
Business Line Developments: Near Term (0 – 3 months) Financial Payments for Outstanding Major Receivables : The Company was notified that Radian Oil and Gas Services Company has commenced transfer of the US$1.5 million (approximately CA$2 million) against the outstanding receivable of approximately US$9.5 million under the Company’s existing CA$25million+ Drosrite™ contract. As previously ...more  
Comment by Thinkbigsti69 on Jun 03, 2023 9:23pm
PYR a giant in the makings.
Comment by COGT on Jun 03, 2023 10:55pm
And the fact that the Saudi Canada Cold War is over . And the fact that the Canadian government GHG $  is now off the pot as is the US . All bode well for PYR downstream of use it or lose it cash Stay tuned.... GLTA
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