I agree, Davo. Resource definition will be crucial in attracting large-scale investment. The most sustainable resources will have a natural advantage. Personally, I have invested in PTR with the belief that proximity to customers and reduced capital expenditure may be a winning strategy. In the future, PTR can concern itself with establishing massive resources - for now, they are focused on demonstrating a basic level of viability.
I always see PTR as my hedge investment against GDY's potentially inhibitive transmission costs. GDY has a superior project in almost every respect except it is not as close to the grid. PTR will have a customer in close proximity, with which to demonstrate it's technology and earn profit. From there, they can replicate the system elsewhere (potentially near a major town or city) and hopefully start paying us all some attractive dividends.
PTR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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