RE:There were fence sitters here that you make some EXCELLENT POINTS here rainorshine... read this if you haven't yet...
rainorshine59 wrote: wouldn't take a position because they doubted that PP could get PYR 'inside the fence' of an established industry the size of the iron ore pelletization business.
And especially not within the 'three month' timeframe that he mentioned.
Well folks, within the next three months you better be nimble.
Major institutional orders will be lining up to own a piece of this business, and in no small part because they recognize a solid CEO when they see one...and one that executes according to reasoned and guided forecasts.
Speaks to the quality of any future guidance that they will use to drive their investing positions.
Every manager of a 'Green ESG Fund' will have to show a PYR position on their books by the end of the quarter...or risk being replaced.
I daresay Bob will be re-loading the boat if he hasn't done so already...not that his small fund matters much in the grand scheme of things.
This is a deal with a Global player...let that sink in...
And now do a double check on the 'float' that isn't controlled by the Pascali family and close associates.
Remember...Scarcity is a driver of price premium.
You may get a chance to own PYR cheaper than today's close.
If so I daresay it will be the last best buying opportunity to build a cornerstone position for your portfolio long term.
GLTA