Commercial News The key to SP movement on this is the announcement of the price per unit (relative to the estimated marginal rate of profit, which they likely won't disclose so early) and overall production capacity of the Purevap process for silicon. Then any agreement (big or small) with a client for the product they are very much looking forward to bringing to market will be a foregone conclusion as they are the company trying to do it the cheapest (and in Canada no less, which means favourable purchasing power)
PYR is taking shares to ensure it's well positioned to deal with the control concerns over this company - it would obviously make more sense for someone who is heavily invested in battery tech to buy the IP (or company) outright and set up shop domestically, but the corporate deals in place serve as an anchor to prevent that from happening. I believe pyr has the potential for an overall stake of 15% (currently at 12.5%) that would ensure it is handsomely rewarded for any follow through on selling this exciting producer, or give it a big say (potentially a veto) over decisions that would not be helpful to its long term development. Stay long here.