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PRL Media/news, page-2981

  1. 3,911 Posts.
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    A timely reminder never to count the chickens before they hatch:

    https://www.pv-magazine-australia.com/2022/08/16/shell-pulls-back-from-port-kembla-hydrogen-hub/

    Its also a timely reminder to the big guns that the little guy may not always roll over and sell its shareholders’ souls at a discount. BlueScope, while not exactly “little”, is still dwarfed by Shell, and any deal at Port Kembla had to be in BlueScope’s shareholders’ foremost interests. Control of a project comes at a steep premium, which I’m sure David Frances has been clearly articulating to TE over many months now.
 
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