PGY
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4.35% 2.2¢ pilot energy limited

PGY have released this on their website this morning. It looks...

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  1. runaway
    883 Posts.
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    31/10/23
    08:48
    Post #: 70630319
    https://hotcopper.com.au/data/attachments/5696/5696676-61f77c4df40ec0d144c2c8fe8e396d9f.jpg
    PGY have released this on their website this morning. It looks like Samsung C&T are taking up 20% of their project. The last stipulation suggests that they will have to pay PGY around $66M in cash for the 20%.

    Also worth noting the $330M valuation from this transaction. Enormous deal for the sector especially partnering with Samsung C&T and not to mention off-take or clean ammonia which have strong margins

    You can work the share price out on that valuation above
    PGY Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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