Company leadership have been buying up shares in the build up to the release of the Hyenergy export feasability study. This is expected to be released this month. This could be what many European energy companies are waiting to see from Provaris before signing anything with them. If this feasability can show good economic benefits to go from WA to parts of Asia. Surely exporting shorter distances around Europe will be even more feasable. People I assume had confidence and conviction when they bought into this company. I can't help but think this has been oversold. The ammonia shipping message hasn't exactly taken off with glowing colours in my opinion. There's still lots of talk about the complexity and energy intensity to do it. An alternative simple/cheaper solution is potentially available.
PV1 Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)