PyroGenesis Inc T.PYR

Here's an idea

[filoux004]

While in Saudi Arabia maybe pyro execs can stop by the Saudi Co. and collect their Dross A/R . Just an idea glta

[Mostlyserious]

Yeah, described as a joint venture between Alcoa, world leaders and a Saudi private company.  And making it sound like they would rather direct some money towards a business opportunity rather than pay amounts owing (that's what AR means).   I wonder if PYR is charging some hefty interest rates if they are effectively financing their other business opportunities. The description

[Sidewindergo]

It really is odd considering the Saudi company size and how long the delay has persisted. We know the four are built based on old NR'd (or employee?) loading dock pictures, but that was from ~Q1 2022. It would make sense to charge interest and storage fees, with the potential to waive interest charges upon the signing of a significant contract. Maaden news in July 2021 mentioned the

[tamaracktop]

Dalesio mentioned the $8 million owing. That's in US funds, so at today's rates lets call it $11million CDN ( today it's $10.96 ) Maybe they aren't happy with the two units they've received. Or maybe they just don't feel like paying it. What's Pyrogenesis going to do?

[Mostlyserious]

MONTREAL, May 18, 2023 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (“PyroGenesis” or the “Company”) (https://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech company that designs, develops, manufactures, and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases, today announces that it has received a payment of US$1.5 million (approximately

[paul03]

They received 3 units not 2. What if they agreed to new payment details because they believe there will be more to come from that relationship in the future like it details in NR?  What's Pyrogenesis going to do then?