PRL 0.00% 4.1¢ province resources ltd

i would love you to be right but i can't see why total or...

  1. 272 Posts.
    lightbulb Created with Sketch. 78
    i would love you to be right but i can't see why total or FFI would offer $1.4bn for a $140m mc. Would $500m get the deal done, are FFI or Total accumulating to position for a take over? I'm not sure and I dont think so?

    I feel the smart play by the PRL board and shareholders may be to see this project through to at least PFS, DFS before taking a bid at multiples especially on a $10bn opportunity. Also the numbers are rubbery until electrolyser costs are lowered....
 
watchlist Created with Sketch. Add PRL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.