Target price of $1?, page-8

Small Caps. Always good to see Directors put their hand in their own pocket.

Earlier this year, Mr Forrest announced he planned for his iron ore company Fortescue Metals Group (ASX: FMG) to become a pioneer of cheap green hydrogen, and would aim to produce 1,000 gigawatts of zero emissions energy around the world.

The green hydrogen at Province’s intended project is to be produced from renewable resources, such as wind and solar.

Province has also raised $1.35 million through a “highly oversubscribed” capital placement, with the directors contributing $250,000 of that.