Do we know if PGY has the carbon capture licence to store carbon yet??
Or have management started the process I’m told will take 2-3 months
once we have that license we would be a big takeover target as we are the biggest carbon capture project in Australia
with I think we have 72 million? tones of carbon storage of the next 25years ….
what is the carbon credit price $40 per tonne?? BIG Numbers $$$
one option we could sell the carbon credits up front at a discount to bhp, Woodside, santos ect which would fund some of the project. I’m not sure what the costs would be to get just the carbon storage business up and running ?
Now do we know if management are onto this ?
PGY Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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