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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
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 > Precarious financial position ...
View:
Post by dalesio_98 on Sep 11, 2023 6:44pm

Precarious financial position ...

When is PYR going to collect the debt owed to it by Drosrite International (DI - Alex Pascali CEO)?

For that matter, when are they going to collect the debt owed to it by HPQ?

Good luck to all!
Comment by paul03 on Sep 11, 2023 7:00pm
Payments for Outstanding Major Receivables: The Company remains in continuous discussions with Radian Oil and Gas Services Company regarding the outstanding receivable of approximately US$8.0 million under the Company’s existing $25 million+ Drosrite™ contract. As previously announced, PyroGenesis agreed to a strategic extension of the payment plan, by the customer and its end-customer, geared to ...more  
Comment by dalesio_98 on Sep 11, 2023 7:06pm
Thanks for the HPQ clarification. Operating funds requires top up! Is $6M burn rate a quarter accurate?
Comment by paul03 on Sep 11, 2023 7:09pm
You'll have to ask mtlcan or Whodat that question. They've provided their answers many times throughout these forums.
Pyrogenesis Canada Inc