Post by
StairwayTo on Jun 07, 2024 8:13pm
the latest NR so important
I’m surprised the powder OEM supplier’s acceptance news release hasn’t brought up more enthusiasms and comments on this board.
Wasn’t it supposed to be a major cataclysm for PYR.
Did I miss something in the news release that is not as good as thought?
Comment by
tamaracktop on Jun 07, 2024 11:43pm
I detect a Freudian slip, I think. I know what you meant Stairway, but I think you meant "catalyst", not "cataclysm".
Comment by
Mostlyserious on Jun 08, 2024 7:12am
Maybe because you would think there would be an order if they really needed the material badly. Being put on the list makes you wonder when the orders will come, how big will they be and how frequent. Along this whole journey, I don't remember much information about the potential $ impacts.
Comment by
filoux004 on Jun 08, 2024 7:32am
At this point there is only one question How is mgmt going to deal with their precarious balance sheet ie neg . Working capital of 11Mplus and low cash. Is everything hinging on collecting in full or partially the Dross Intl AR or is PPP going to have to extend another personal loan?? Any input much appreciated and glta Go Oilers Go
Comment by
Mostlyserious on Jun 08, 2024 8:02am
There should be a news release on some receipt(s) by the end of June. If it doesn't amount to 7 digits the hole will continue increasing without additional external financing.