Have you ever watched Clint Eastwood load a gun?Well when Clint is pinned down,it's slow and methodical and he's damn sure where every bullet is going .
As the narrative here,has Peter against the wall,when maybe he's got to "buy" some bullets.
If we're on the cusp of a major powder contract and need feed stock,well no wire,no powder.I'm not privy to anything,but Peter's $5 million investment is relatively risk free as he knows he CANNOT go out of stock of powder and needs wire to feed the machine .Hence his investment.
Long term Powder contract would take PYR to recurring revenue stream which would be a game changer for the company and funding other divisions on the cusp.
That's what could be the final leg to powder qualification is massive on hand stock demand.
Takes money (and bullets) to make money. This could apply to torch production also .
GLTA