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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 > It is possible
View:
Post by Mostlyserious on Dec 31, 2024 2:06pm

It is possible

That they received the Radian payment today and NR could come out on January 2nd.

3P said they had negotiated a payment plan to receive the bulk of the AR by the end of the calendar year.  If you can't trust what a CEO says then you have a house of cards....with cards being pulled.  

He was pretty firm about this payment plan so looking for the confirmation this week.  A good way to start a new year by collecting a couple of million of pure cash with no associated costs.  Pure cash is what they pretty desperately need when they have so many irons in the fire!

Here's to 2025!

Comment by Toppert1 on Dec 31, 2024 3:06pm
Either it didn't happen, or it did and P3 is holding off announcing it until he starts selling again. This company has always been selective in deciding if news is material enough to warrant immediate release or not. I distinctly remember when the company decided it was a material development worthy of announcing that P3 had voluntarily terminated his automatic disposition plan in early ...more  
Comment by Toppert1 on Dec 31, 2024 6:09pm
" On September 8, 2022, Mr. Pascali and PyroGenesis notified the broker of their decision to terminate the ASDP. The decision was taken in order to avoid the.  possible situation wherein, in accordance with the trading parameters set out in the ASDP, the sale of a large number of Common Shares would be made in a short period of time." A brilliant decision by the Board ...more  
Comment by TOCKY8008 on Dec 31, 2024 5:11pm
Mostlyserious, Based on last NR relating to Radian, it was not stated that the AR would be fully paid by year end. June 26 second NR detailing the $4.1 million payment received  stated : "Once the payment of the remaining balance due of approximately CAD$4.8 million (USD$3.5 million) plus storage fees is secured, the remaining 4 systems, which have been manufactured and are currently ...more  
Comment by Mostlyserious on Dec 31, 2024 5:50pm
The June NR was much more detailed and specific than the November one and that is what I am going by.  I perveived the tone of the November NR as another one of those where he is taking the opportunity to take shots at doubters.  In the absence of further detail establishing new parameters in the November NR, I was under the impression that the collection would have been accomplished by ...more  
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