RE:RE:RE:RE:RE:Time to average down Why ?Fair enough, that's agreeable. Let's just not forget that there are competing technologies hoping to grab some of that climate funding. There are other methods to reduce GHG emissions, not just the PYR one. As you may know LKAB are replacing fossil fuel with bio-oil while also researching plasma and hydrogen. Companies that have been supplying the iron/steel industry with technology for decades will fight for their market share, they won't just hand it to PYR. In one's enthusiasm it's easy to jump into false conclusions which seems to have happened with the Vale 1.5B. Nevertheless I see the potential for something like a $10 SP increase per year. Which would suit me just fine since after holding for a decade I would get 40% of the profits tax free and also be able to retire early.
Gottofly wrote: Opps, posted before with nothing there. Anyhow, I guess we all have our opinion, this is totally new technology jump. So many moving parts to the contract and for something totally new. Yes, still potential for things to move more slowly than light speed. I guess I am willing to wait an extra 6 months for a move to $20 SP. However, I do think things will move very quickly given the pot for funding climate reduction technology is only so large. Once it is gone, you will have to finance without grants. I believe the modelling will have calmed any nerves and companies will dive in to get the grants. Just IMHO