Cash at PYR At the end of Q3/19 PYR had $276k in cash, AR of $180k, and other receivables of $1.33 million.
On the liability side PYR had AP of $1.96 million.
The quarterly losses run between $900k and $2.5 million.
PYR had cash receipts since it announced Q3/19 of around $1.7 million, bringing total cash including its balance at the end of Q3/19 to about $2 million for the last 5 months.
Given that on average PYR is using about $550k of cash a months the cash situation at PYR must be extremely tight and most likely suppliers are not being paid on time or at all.
If PYR does not recieve any significant down payments, financing or equity in the near term it will be difficult for them to proceed.