Welcome mondy, a lot of upside in this one mate.Yes, many...

First 830 Last

Share
Profile

Follow
Out6ack

231 Posts.

93

11/08/21

20:53

Post #: 55216023
Share

Originally posted by mondy85: ↑

Well I’ve been following PRL a while and dipped my toe today in the 14.7c range. Happy to be in under the CR price, it does seem a bit speccy to me still as a lot relies on the scoping study with TE. But if all is well I’ll be happy to load up at higher prices when the opportunity is further de-risked.

The zero carbon thematic certainly seems strong. There are clearly some hurdles here (infrastructure required, shipping logistics, etc) however it’s very encouraging to see Twiggy throwing his considerable fiscal weight behind green hydrogen too. He knows a thing or two more about this than the average HC punter on here I think - me included.

One thing I would say - I strongly encourage holders to ignore the 19 August date that’s being bandied around on here. From what I can tell it’s nothing more than people counting forward 4 months from when the MOU was first announced. I highly doubt TE are working to a specific date, the scoping study will take as long as it takes and pinning hopes on a specific date will only falsely build up hopes and potentially disappoint people when the 19th comes and goes. Just let the process play out in its own time.

Cheers,
mondy

PS: reading through the recent posts on this thread, nice to see some of my GLN homies on here (@Out6ack and @ggghhh), great minds think alike!

Expand

Welcome mondy, a lot of upside in this one mate.
Yes, many hurdles to overcome, but governments worldwide are getting on board in a big way so we should get a tail wind at least.
H2 will compliment lithium in the forthcoming clean energy world imo.

All the best.
Stay healthy everyone.

PRL Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

Reply

Top Stories

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

OPL

Opyl forms JV with UK and US consortium to bring products to the world

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition