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Aussie Mate

561 Posts.

104

11/08/22

10:38

Post #: 63050788
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Originally posted by camban: ↑

Likewise, PRL can drag a halt (and conversion to suspension) out for as long as necessary to ensure it is not held over a barrel by anyone, be they a prospective partner or bidder. PRL has the tenements, land access, government access (including coveted lead agency status, the Hydrogen Minister’s ear, Canberra support, royalties & tax policy input), native title arrangements in hand and permits in progress. Total Eren by virtue of its ownership is a foreign investor: to expedite investment here it needs a local foothold with expertise and the right connections, and in PRL they have this.

In any event, I’ve not seen or heard anything credible to suggest the negotiations aren’t amicable and geared towards being mutually beneficial. Both sides have invested heavy time and effort into the relationship and if Total Eren thought it could do better on its own then they would never have partnered via an MoU in the first place. Today’s halt and the precise wording of it is good news all round.

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This video is one year old but worth watching mate!

https://youtu.be/EbJRrdmjzUI

Been waiting for this day for more than one and half years mate! Good luck all the holders and specially for LT!

PRL Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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