I don’t think people realize the magnitude of yesterday’s news:

1) Aluminerie Alouette is 40% owned by Rio Tinto, 7% by the Quebec government, and is the largest aluminum smelter in North and South America.  Despite a small contract, these types of companies don’t play games. They typically intend to follow through on R&D testing (which they are doing here), once you are in you are in.  The fact that PyroGenesis made it this far is huge.

 2) Yesterdays’ AGM presentation was top tier.  Steve McCormick (VP Corporate Affairs) did an excellent presentation detailing his knowledge of the industries in which PYR is involved in and a comprehensive understanding of the industrial needs these players require and PyroGenesis’ top tier solutions to these.

3) A private placement is announced where the CEO is subscribing to 2/5th of it.  An amount that far exceeds the proceeds from Mellon shares.  Basically moving money from Mellon to the company, and in the process getting shares through warrants.

Then we have the upcoming catalysts that should manifest soon.

Fantastic work Peter and Team!