PWN 10.0% 1.1¢ parkway corporate limited

Ann: Parkway Corporate Presentation, page-5

  1. Mer
    1,338 Posts.
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    This really is the 'look! we've got this thing going with Shell' presentation. To be fair, if they're going to put this in front of fresh eyes, then that's their best card to play - along with the associated BAT potential.

    aMES doesn't really figure except for the KLPP. Potential overseas stuff doesn't get a mention. Not really anything new here for current SH, seems like one to pull in new investors. Which leads nicely to . . .

    . . . Range of commercial options to deliver project being explored . . . This could cover a multitude of sins. There's no guarantee that we'll get the 'Shell pays for everything and then pays us a yearly based on savings' option. Some options could require PWN to invest significantly upfront and I don't much like the thought of raising cash(new investors) at these levels. There is a . . . and for Parkway to capture a fair share of the value creation.. . . on page 28, but not specifically for Shell.

    It's a solid enough presentation, but a bit disappointing as it's short on new info for existing SH.

    I won't be tuning into the webinar, but I'd ask about aMES - So far, there hasn't been any announcement with aMES except for KLPP and that was a long time ago. Is PWN considering the KLPP development as our first aMES project? I'd probably also ask about the QGC commercial options - Is PWN only looking for a savings-share deal or is some sort of part-ownership being considered?

    Cheers
 
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