Agreed. The 19th of August means nothing and people shouldn’t be...

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Jimmyp3

712 Posts.

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11/08/21

22:32

Post #: 55217840
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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!

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Agreed. The 19th of August means nothing and people shouldn’t be getting theirs and other peoples hopes up. Amazing project but the announcements will happen in their own time.

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