PRL 0.00% 4.1¢ province resources ltd

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  1. 373 Posts.
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    The biggest issue I see is the transport costs getting the stuff to market. My numbers are very very rubberery so feel free to correct me.

    I think the cost of shipping LNG is about 20 - 30% of the value of the shipment. Apparently hydrogen costs will be a whisker more as it’s different to LNG. So if Province want to supply
    China for example they need a 20 - 30% cost advantage to ensure a local Chinese competitor doesn’t do the same thing but on the end users doorstep thereby saving the 20 - 30% transport cost.

    I’m hoping / assuming the team at Province have chosen this location exactly for this reason and the current Sodar testing will confirm this.
 
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