@helloween Radian are still short for the 4 systems delivery. June 26th NR : "Once the payment of the remaining balance due of approximately CAD$4.8 million (USD$3.5 million) plus storage fees is secured, the remaining 4 systems, which have been manufactured and are currently in storage, will be shipped". So with today's 2.8m$, they still need to pay 2m$ plus storage fee to get their 4 systems.
4 about 2 hours ago
@helloween Sadly, at this point it's doubtful that the quote from June 26th NR will happen : "It is expected that all 7 systems will be up and running before year-end" 0
about 2 hours ago
@helloween I really hope PYR will get something big from this infinite patience. 5
about 2 hours ago
@ordos @helloween That's an assumption. If they established a trust relationship, they may ship those systems sooner and let the client start operations with those systems before receiving the final outstanding payment. 5
about 2 hours ago
@helloween @ordos you're right. I wish today NR would have been more clear about this. Last time they had to issue another NR afterward to clarify the first one... It's basic transparency to shareholder to look at the last milestone you set and explain why the result is different than expected when it is. They expected 4.8m$ plus storage fee to ship the 4 systems by the year end and got only 2.8M$. "The payment announced today is made in accordance with a payment schedule that has been revised over time" should have been, "has been revised since June 26th" and how. 1 about an hour ago
Good luck to All!