PRL 0.00% 4.1¢ province resources ltd

Ann: MOU with Total Eren to Develop Green Hydrogen Project, page-332

  1. 106 Posts.
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    How can u say vul is a bad stock?
    Because the company has losses of 5.9M compared with revenue of just 0.371M. In my view, this makes it a bad company to invest in.

    You're not interested in PRL and your argument seems to largely be based in not liking Next Investors and companies they promote.
    Yes I don't like that PRL is paying another company to promote their shares. I think this is unethical, and suggest that they are mainly interested in pumping the share price, rather than building a sustainable business,

    HOWEVER, my main concern is that PRL has no real assets (except an idea) and no real projected earnings. Even if that idea was a great one (it is not), they would need to raise close to a billion in capital to build the infrastructure, which would completely dilute the holdings of any existing shareholders.

 
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