PV1 provaris energy ltd

Provaris - Media, page-100

  1. 1,000 Posts.
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    It would be unfair to compare TTE's business model from 10 years ago with the present PV1 business model. TTE was an oil exploration company, whereas PV1 is quite similar to GEV, as both business models are built upon ship design for transferring compressed gas. Although GEV was primarily for transferring CNG, the same idea was used in PV1 with some tweaking. PV1 has now expanded its operations and includes its own H2 generation project, H2 Storage (H2 Leo), and two different-sized H2 carriers - H2 Neo and H2 Max. It has achieved a lot that GEV could not. Therefore, it's valid to compare PV1 with GEV. However, comparing PV1 with TTE or considering the share price at that time does not make any sense.

    By 'all-time high,' I meant the highest historical price of GEV --> PV1. However, I do agree that we still have a long way to reach that point as well. But given what is happening in Norway and the rest of Europe, I am quite optimistic that we can reach the present business model "all-time high".
    Last edited by Up2Date: 17/07/23
 
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