PRL Media/news, page-3433

Nobody knows what the SP will do. It might pop. It might not. The SP action for PRL has been driven by hype thus far. The excitement and buzz for green hydrogen seems to have died down for now. Still a lot of naysayers out there who doubt the technology. They may or may not be right. Time will tell. Two things for sure though. Firstly, this a long term commitment. Anything really substantive is still years away. Secondly, the PRL SP has and is being be driven by announcements or lack thereof on the proposed project with TE. At the moment the lack of announcements is fueling doubt and impatience so therefore the SP has been falling. A positive announcement will probably help the SP in the short term but until something really substantive is released that cements the project with TE I wouldn't expect too much in the short to mid term. Of course a negative announcement, such as a cancellation of the proposed project with TE, will see the SP crater. This is a bottom of the drawer job for me.