RE:Don't Count The Legacy Business Short
phantom666 wrote: Without it, how many PP's would have been implemented to get to where PLAN is today and without deluding?
The Bank Cash rose from Q3 $3.45M to over $1.5M Q4
A rolling stone gathers no moss in which I believe PLAN is rolling right along with the building of the PozGlass Pilot Plant. I'm just perplexed that they haven't given us an update to the progress of it.
As for PozPyro, PyroGenesis converted one of their Plasma torches from vapourizing the Silica to just melting it, is the way to go. Call it a bench model, but PYR, which builds Plasma torches for multi billion dollar companies to implement them into their operations, has the expertise to carry on with this program.
Seeing that the SDTC is back and whatever other Gov & Prov Funding could be applied for both projects, time will only tell.
Yes, with some margin improvements the legacy operation is on better footing with modest cash generation alleviating dilution concerns near term but the big questions remain unanswered: are any of the blue sky initiatives (Pozglass, PozPyro, Carbon Ca) commercially viable and how are the SCM pilot plants being funded to expeditiously come online? If there is such an imperative to find fly ash alternatives and head off forthcoming aggressive carbon taxes, then why is LaFarge a passive back seat partner?
Steve should consider another YT interview to answer these and other concerns. He's marvelous at explaining the science but it's quite clear some deep-pocketed investors exited their positions over the last 9 months and I'm guessing it's because he is not good at IR and there are more questions than answers about when and whether the company can deliver on the potential. Just my 2c.