PRL 0.00% 4.1¢ province resources ltd

Of course the other BIG item that will decide the feasibility of...

  1. 240 Posts.
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    Of course the other BIG item that will decide the feasibility of the PRL project, which I didn't include in my previous post, is the CAPEX to build the energy producing infrastructure and the H2 producing plant.

    Companies that plan to produce H2 where they can access already existing green energy sources, have an advantage in that they will pay for the energy they use, but not the initial outlay to build the energy producing infrastructure (think FMG in Tasmania using hydro).

    That being said, it appears that FMG are also planning to build both green energy and H2 infrastructure in WA, so it seems they think it is a financially feasible option. Of course they plan to use significant amounts of the H2 for green steel production, which will reduce costs and provide green credentials.
 
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