RE:Buyout Potential!! Disregarding the ownership details and Peter's shares, etc, as that's not the question and is irrelevant (if they want to sell, they'll sell)...
I personally think there's a good chance they at least get serious offers for a takeover, and would consider a big offer. There's few big opportunities for an exit in business, so the rule of thumb is you take it off you can get it (especially after all the years Peter has been running PYR).
That said, I don't think it will be now and I really don't think it would be a torch buying mining fim. You don't want supply companies on your books, and, you do want depreciating assets like parts (burners etc) that are tax deductions.
if it happens it will be more likely an international industrial materials conglomerate like Umicore or Johnson Matthey.
newfie36 wrote:
Having spent all my career in supply chain negotiating complex multi million dollar contracts my intuition is telling me PYR will get bought out by one of these clients sooner rather than later.
Why buy at 3m per torch when you can buy the whole company although at a significant premium and sell the technology to your competitors at significant margins.
Thoughts?
GLTA