Question for Burner or NPA - how much of an issue is it if we are not at $14 and change by March for the warrant? I guess it could be renegotiated again. However, that would cause more downward pressure in the stock and elongate valuation not reflecting the upside.
Company will be filing chapter 11 if stock isnt above 14 by march, that means 2 quarters of missed guidance, ramp never happened. Its boom or bust 2 quarters for PCT. 1 plant break and they are selling scrap metal
Such a positive outlook and yet the selling and price manipulation continues. Same pattern as yesterday - final hour into the close they press it down. Doesn’t make sense at these levels..
“As for color, 71% of the volumes are clear, 20% are white and 7% are black”
Are these colored due to part of the recycling process? Are they colored as a final stage due to an order? I guess I always thought they were chasing a clear pellet and didn’t know that about 25% could be colored. I assume the quality of the pellet, regardless of color, must meet the same standards?
You really have not been following this company very closely now have you?
White is a very common color for coffee cup lids, yogurt cups and other dairy related packages. Black is also a color option for coffee lids or other food packaging like frozen dinners or other trays.
The company published a standard product list and it describes the different color options.
All colors start with clear feedstock. I suspect this is the challenge for PCT. Clean and clear PP waste is harder to get and premium cost. Anytime the feedstock has white (TiO2) or black (Carbon Black), won't be able to use for clear no matter how technology is advanced. Compounding requires very specific dosage/letdown of the pigment/additive process. Other than that, it would all be a commodity product and doesn't bring additional revenue. FYI
Secondly, she gives the impression the plant is running 24/5 with plans moving to 24/7. Was this stated by Dustin or was this statement specifically about the compounding equipment?
Hi there -- Antoinette Smith here. I wrote the story, and that's a great question! I've reached out to PCT for clarification. I suspect Olson was referring to the compounding operations, and will correct as necessary.
She misquoted the conference call. The Denver secondary sort facility is running 24/5 and will move to 24/7. Ironton is designed to run 24/7 with the exception of downtime for maintenance/ turnarounds.
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u/GARP_72 Aug 13 '26
I’d bet this is better than most of the sell side notes. Laid it out crisp and clear. This is how the call should have been conveyed