PWN 0.00% 0.9¢ parkway corporate limited

Research Report 8 cents to 50 cents a share, page-17

  1. Mer
    1,322 Posts.
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    Yep, announcement of a FEED contract sure would help gee folk up.

    I don't mention PWN to friends and won't until that FEED contract shows up.

    From the report . . .

    . . . Following the APPEA review, Shell QGC planned to have the first salt crystallisation plants and encapsulation facilities in operation by 2027, however subsequently have delayed this, given that alternative technologies (possible including PWN’s) are now being considered. . . .

    Who knows whether Shell is considering other tech? Something that hasn't poked it's head up enough to figure on searches, maybe even something in-house. Sure, it may seem unlikely, but it's possible.

    From the Early June MP announcement . . .

    . . . The development of the Master Plan is being pursued in parallel to existing project specific opportunities, to provide Parkway with maximum optionality and strategic leverage during various commercialisation related discussions. . . .

    Is the MP being used to give PWN the edge over other competition? A bit of a sweetener to help the Shell QGC decision go PWN's way? No idea.

    Anyway, my reaction to a FEED contract will be 'phew' rather than 'at last'.

    Cheers


 
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