Moving Along Good Day All Longs, The Saudi's are known for delays in payouts. Thus, IMO, I believe the payment will hit PYRs books early in the new year. If earlier, certainly great news for us Longs. Now the pros of this set up of a business letter of credit for PYR is as follows: MAHWAH, N.J., Nov. 26, 2019 (GLOBE NEWSWIRE) -- Drosrite International LLC, a private waste management technology company based in New Jersey, USA, (the "Company", the Corporation or "Drosrite International") today announces that, further to its press release of November 13th, 2019, the Company and Radian Oil & Gas Services Company (Radian or the Client) have agreed to put in place a Letter of Credit (L/C) with respect to the US$17M contract (the Contract). Mr. Alex Pascali, CEO of Drosrite International provides an update in the following Q&A format: Q1. Why a L/C? A. A L/C ultimately de-risks, to a considerable degree, the payment schedule of this ~US$17M Contract as it will now be guaranteed by the Clients bank. In essence, this ensures that Drosrite International will get paid as long as it submits the agreed upon documentation for each payment milestone. Simply put, it confirms that the funds will be available when the Company makes a claim upon the Client by providing the bank the agreed upon documentation confirming the milestone payment. This type of L/C is one that is provided by Radians bank to the Companys bank and references in detail the conditions upon which the Clients bank will pay our bank. In the event that the Client is unable to make a payment, their bank will be required to cover the full amount. From the Clients perspective, using a L/C ensures that they only pay for an achieved milestone after evidence has been provided to that effect. In fact, this has become a very important aspect of international trade, especially in the Middle East and Europe. As of this past weekend, all parties have agreed upon events which can (i) serve as a milestone, and (ii) be easily documented for the purposes of executing under this L/C. What now remains is to draft the L/C document, which ultimately combines the simple documents with each L/C event........ Moving along too onto the subject of their partnership with HPQ, PYR has approx. a 12 % holding of HPQ on a fully diluted basis and also has a 10 % Royalty on HPQ revenues. Pretty good news to me & other Longs. Who knows, if the lack of recognition by investors for HPQ, looking @ HPQ sp as an eg., perhaps a merger may occur down the road. Why may that happen ? The significant values of the many forms of silicon products pointing towards numerous significant diverse markets. Grid storage is one eg. and its extreme value is becoming more critical to address. Let's step back for a moment. The Quebec govt. ( eg. Quebec's Minister of Higher Education, Science, and Technology ) is aware of these 2 home grown businesses ( being provided govt. incentives as an eg.) that have a very good potential to show casing to local markets & the world the important/critical commercial products they have to offer. A huge example of grid storage reqmnts needed is for Quebec Hydro. Here is some info on what Quebec Hydro is & their future goals: International Hydro-Qubec, a leader in renewable energy A world-renowned power utility, leading technological innovator and committed long-term strategic investor, Hydro-Qubec is also a good corporate citizen that makes every effort to ensure a better energy future while also creating value. We have what it takes to play a pivotal role in the transition to renewables and the decarbonization of electrical generation..........Company at a glance Hydro-Qubec generates, transmits and distributes electricity. The largest power utility in Canada and a major player in the global hydropower industry, Hydro-Qubec also operates a vast high-voltage transmission system. Its sole shareholder is the Qubec government. Electricity sales: 209 TWh, including 36.5 TWh of exports........ Well wouldn't they make a fine trio partnership in the global market place. Many of their business contacts too are local & getting to know each other will be so very important & possible indeed with this close proximity with each other. So much potential, now & far into the future. Take care all Longs & enjoy the season celebrations with family & friends, Sincerely, Topseeker