RE:RE:RE:RE:RE:RE:RE:I guess A,B,CWaiting for govt grants may be part of PYR's timing issue IMO. Agree with your point (highlighted below) the entities are not dependant on gov't grants, but those than can get free$ will surely try. And sometimes 'trying' means playing the game of not committing to a huge GHG expense until they receive the govt grant commitment. This IMO is when govt can be totally conterproductive
developbc wrote: Casavantsghost wrote: Though I will be a benefactor as a shareholder, I am not a fan of socializing corporate debt.
The Governments pick the winners and losers and we all know how this works with the skid greasing and backslapping. It comes at the expense of the taxpayers who have zero say other than "electing" their representatives..
So Corporations race to the Government coffers for free money and I don't blame them as they have a fiduciary to their shareholders.. So.. would they just do it because it's the right thing to do?
I highly doubt it.. So free money coupled with the threat of increased carbon taxes..
It would sting tax payers less if the Government told these industries carbon taxes will quadruple next year.. Then you'd see a race to the doors of companies like Pyrogenesis.
Instead, we as shareholders of THIS company are held prisoner by the inefficiency of Government to hand out free candy.
Venator wrote: Or... just maybe... they needed a quote, so that they could submit to governmental bodies for all that green funding that is being thrown around.
We all know how fast the government moves even with the green intitiatives they have been quoted on wanting to move quickly on. These intitiatives are complex and have stipulations and all sorts of paper work. It takes times.
The recent millions to the steel industry is a positive sign that the pocket books are starting to open up again afer COVID. Connect the dots. Do your DD.
Just an old picture..... and a reminder that certain politicians are going to love the publicity that these green intitiaves are bringing.
Definitely agree on the inefficiency of gov't.
One thing for sure is many governments around the planet has already committed billions in economic Covid stimulus and directly tied or connected to GHG emissions reduction. Plus carbon tax penalties imposed by the same governments. Imho going to happen faster than most think. Also as Peter stated, these billion dollar entities are not dependant upon these gov't grants to move forward but for those who can get free $ - they surely will try.
The world is going green one way or another and PyroGenesis tech/engineering/product offerings are very well positioned.