PRL 0.00% 4.1¢ province resources ltd

Ann: Change of Chairman, page-12

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  1. 584 Posts.
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    Fhe is success relist without secured funding for the entire project. Fhe is completed DFS. It is looking for funding from banks(which willing loan on hydrogen projects) and the funding is not completely yet.
    Prl had enough fund to do DFS. Hydrogen project feasible study is not completed yet. nobody know how much money need to build the projects? As examples from FHE, I don't think prl need to secure funding for entire project in order to relisting as you don't know how much at all.
    otherwise prl need to completed DFS, and make investment decision,find banks or new investors fund the project, this is going to take years to qualify relist....
 
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