FYII talk with a mtual friend tthat has a reasonably larg position in PYR. We have gone over all the circumstances and timelines and for anybody interestted this is our last dialogue from yesterday.
His comments below and my answer to him below that in italics.
Good morning hope you had a good Thanksgiving dinner yesterday. I know we have no way to know for sure, if there's going to be news out this week. But as we have discussed many times, if they only have money for roughly 3 more weeks and if that estimate is accurate, would they plan to hold off until they only had 2 or 1 week of money left? I personally don't think so. Only answer either an announcement of money coming in, possibly from Radian ( Drosrite payment) which would buy pyr a month or two, or money in from another source, or a big contract.
Money coming in from any source won't raise the sp, only a big contract will do that. I'm hoping for Tuesday morning, but maybe I'm looking at things too logical. Maybe we're missing something else we haven't talked about.
I find it very curious that Rio had data about the torches that they talked about at the symposium, yet there hasn't been anything released by pyr in reference to the the SAT and that data. Again that's what has me leaning towards a contract. I know contract negotiations can sometimes be long and complicated but in this case pyr has has a couple years to draft a contract and make a lit of changes to address concerns from both parties. For that reason I do think it's possible to have a contract done with at least Rio by now.
What's your thoughts on if they've has time to finalize a contract? Am I wrong and is it too much wishful thinking on my part?
Of couse we don't acually know whats going on so all we can do is based on the info and time lines we know and the urgency of $$'s coming in we can only surmise that a contract will be announced Tues a.m. , this week , very soon imminently ?
Thats all we can do !
Hope you are and have had so far a nice Thanksgiving weekend