Again I ask, what on earth is the work for Shell/QGC called?A...

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MrMozambique

777 Posts.

1150

07/02/24

16:21

Post #: 72288103
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Originally posted by joblow149: ↑

Definitely not a personal attack, just a little facetious fun with oft repeated clauses from the managing director. There is not an endless amount of times the same carrots can be dangled, without the donkeys believing they may never get a bite. If the technology works, surely there would have been a contract or two, if not signed already, then at least an MOU or LOI. If it happens to be the case the technology is not quite up to snuff yet, and there are potential suitors waiting in the wings for upgrades to happen, then should not those supporting this company be privy to such news? If it's not stealth mode that prohibits news, it appears to be reruns of what has been said multiple times previously. The managing director obviously has a dream, and would be well advised to remember those that are in support of him, with their own $$'s, in helping bring that dream to fruition.

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Again I ask, what on earth is the work for Shell/QGC called?

A Consultancy Agreement?

When will the market get it, they are working for Shell/QGC on a large Downstream plant and going through the typical engineering/construction process to get there.

Feasibility, which turns into FEED ( Front End Engineering Design ) and then EPCM ( Engineering, Procurement and Construction Management or building the freakin plant ).

FEED is scheduled to be accepted and awarded to PWN and Worley in the second quarter of this year. 9 months of that before Shell/QGC provide FID and the go ahead to build the plant.

Please read the AGM Presentation.

If it's not clear, read the presentation, read the last 4 quarterlies, read the Master Plan Doc.

It's all there.

But please, sell your shares, I'm waiting.

Mr M.

PWN Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
12 Upvote

6 Great analysis

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