RE:RE:RE:Pyr/HpqI would like to point out, that just because Pyro has not yet exercised their warrants, those warrants still carry value, which will increase along with the common shares. The calculation is more complicated because there is a time value factor, but resultedly, the net income will be more like $25 million, or an EPS of over $0.15 attributable to Pyro. Will be a great year end quarter for Pyro. Cheers.
JetsFanYEG wrote: So with 25 Million shares in HPQ, and PYR accounting investment increase in HPQ as revenue (as they did in Q3 reults) then a quick napkin calculation would be $1.03 (current HPQ price) minus $0.53 (HPQ closing price on Sep 30th) times 25 million shares is $12.5 million revenue just on the increase in value of HPQ shares (if they didn't exercise any warrants before the end of the quarter. Exciting times!
BCONTVentures wrote: Great point Elderstockman,
also remember that PyroGenesis owns a substantial amount of shares and warrants in HPQ Silicon.
From Pyrogenesis' Q3 financial results:
Shares in HPQ Silicon: 25,074,200
Warrants in HPQ: 27,344,600
Great to see that PyroGenesis has such a vested interest in HPQ Silicon/PUREVAP. For PyroGenesis to invest so much of their own funds into HPQ Silicon, this speaks volumes to the value of PUREVAP and where the PUREVAP QRR and the PUREVAP NSiR are headed.
Exciting times!
Long and Strong in PyroGenesis and HPQ Silicon! Elderstockman wrote: Just a reminder of Pyr's investment in Hpq and the fact that Pyr has a choice in Hpq Nano between off the top 10% royalty payment or 50% ownership. Given news today in Hpq and the potential, it's only a matter of time until it propels Pyr share price higher.