Post by
wasitreallyok on Apr 02, 2022 11:19pm
Financials
I have looked through the financials to see if there was any reference to the $40 million bid PYR had thought they had been frontrunners, and possibly another contract worth the same. We had been told that these were bogged down in beaurocracy. Anyone have any additional information?
There is a piece at the end of the Aluminum piece that says they are pitching a few other contract at the writing of the document (financials). Could this be referring to the $40 million contract we were all waiting for news on?
I thought the way the financials were written was much better. More solid information, less speculation hopes, which could be in play but not something the reader may hold the company to, even though everything is out of PYR's control. Might be more of a sign that the company is maturing.
Peter had mentioned last year that he was pleased that the Board was looking at purchasing inventory ahead of time to avoid delays. In my opinion this inventory relates to having everything in place to fill a large torch order. Can't say for sure just my opinion.
Comment by
Duke101 on Apr 03, 2022 9:52am
PYR has mentioned recieving a LOI, letter of intent to purchase 10M of product from his son's company but I believe that has fallen through unfortunately. Share price will only go up when we see an actual contract.PYR has a long way to go in cleaning up its communications with share holders, we deserve better.