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 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