RE:RE:RE:Buyout Potential!!Yes Peter would not sell out prematurely when he knows full well their divisions - verticals have so much to grow. Only IF the offer would be so obscene....perhaps look at it. But rest assured
no one is going to be able to steal this unicorn as Pete's majority is firmly locked out and very secure.
Long and strong PYROGENESIS!
BCONTVentures wrote: Good point Welderkev1. Also remember that multiple clients from multiple industries (steel, cement, iron ore pelletizing, US tunelling, etc.) have not only expressed an interest in PyroGenesis' technology and solutions, but are in various phases of due diligence/negotiations. It wouldn't make sense to sell now when things are literally just getting started. Plus PyroGenesis has other business lines/divisions (3D Printing/Additive Manufacturing, DROSRITE, PUREVAP, US Navy/Environmental/Waste Destruction, etc.) all executing on their own. The current and future focus is on growing these divisions, not selling the company. (Refer back to the points from this year's AGM).
Welderkev1 wrote: Well you'd first have to convince peter to vote his 52% for a buyout I don't think there is any possibility in doing that
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