Plenty River Corp.(PRM),a small company with not many shares on issue only 65 million, who are just about to get a billion dollar project off the ground. As I understand it: On board into the project are big companies such as Babcock and Brown,Thiess,Macquarie Bank and Dyno Nobel Asia Pacific limited . I also understand that Wiesfarmers and Orica are bidders interested in Dyno Nobel Asia Pacific Limited. Dyno Nobel Asia Pacific limited is a project partner with Plenty River Corp and Thiess pty ltd to build the biggest Ammonia plant in Australia.The Western Australian government has recently reserved the Dampier Nitrogen Project site on the Burrup Peninsula for Plenty River, Dyno Nobel and Thiess.
Is this the correct recepi to rocket up, I dont see many sellers and the buyers are trying to pick up stock slowly under 4cents. what is your feeling?
PRM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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