Province Resources Ltd


  Our Initial Entry

Portfolio Initiation

5 Day VWAP
After Initiation

Current Price

Our Current Returns

Aug 05 2020

Our Current Returns


📋 About: Province Resources (ASX:PRL) is aiming to be Australia's first truly Zero Carbon, Green Hydrogen producer.

🌏 Macro Theme: Green Hydrogen is arguably the fastest growing and most talked about emerging area of the global economy as the world turns to green, carbon free energy and transportation.

Province Resources Company Milestones

// Q3 2020 (Jun-Sep)
Portfolio Initiation: Next Investors Commentary
🟥 HEM Data Shows Negative Results
// Q4 2020(Oct-Dec)
🔲 No Progress Reported
// Q1 2021 (Jan-Mar)
Name Change to Province Resources
HyEnergy Acquisition - Zero Carbon Hydrogen: Next Investors Commentary
$1.5M Capital Raise @1.5c
SODAR Machine Mobilised: Next Investors Commentary
Major Board Appointments: Next Investors Commentary
🌎 FMG Subsidiary Pegs Land next to PRL: Next Investors Commentary
// Q2 2021 (Apr-Jun)
Increase Land Holdings: Next Investors Commentary
Total Eren Partnership MOU Next Investors Commentary
Next Investors Small Cap Pick of the Year 2021 Next Investors Commentary
Completion of Acquisition
Capital Raise: $18M @15c
Key Board Appointment (G. Walker, B. Maslen)
Positive Stakeholder Outcome - Carnarvon Shire and Community: Next Investors Commentary
// Q3 2021 (Jun-Sep)
Key Board Appointment (Roger Martin)
🔲 Execute Heritage Agreement
🔲 Positive Stakeholder Outcome - WA Government
🔲 Positive SODAR Results
🔲 Positive Stakeholder Outcome - Federal Government
🔲 Unexpected Positive Announcement 1
🔲 Unexpected Positive Announcement 2
🔲 Positive Scoping Study
🔲 Total Eren Deal Finalised
🔲 Unexpected Positive Announcement 3
🔲 Initial Offtake Agreement Discussions
🔲 Offtake Agreement Signed
🔲 Review and determine further milestones for 2022

Next Investors Investment Milestones

Initial Investment: @2.5c
Increase Investment: @1.5c
Increase Investment: @13.9c
Price increases 500% from initial entry
🔲 Price increases 1000% from initial entry
🔲 Price increases 2000% from initial entry
🔲 12 Month Capital Gain Discount
🔲 Free Carry
🔲 Take Profit
🔲 Hold remaining Position for next 2+ years

”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.


🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added

Our Past Commentary on Province Resources Ltd

Type Date New Title
Email 27-Jul-2021 $ 0.135 Dream Team: Key Ministers now on PRL Speed Dial?
Email 10-Jul-2021 $ 0.145 What Happened This Week? July-10th-2021
Email 06-Jul-2021 $ 0.150 Australia’s Richest Man Grabs Outrageous Amount of Land Surrounding PRL
Article 03-Jul-2021 $ 0.130 What Happened This Week? July-3rd-2021
Email 02-Jul-2021 $ 0.130 An Update on PRL: Our 2021 Small Cap Pick of the Year
Email 26-Jun-2021 $ 0.135 What Happened This Week? June-26th-2021
Email 19-Jun-2021 $ 0.135 What Happened This Week? June-19th-2021
Email 04-May-2021 $ 0.210 PRL signs MoU with Shire of Carnarvon
Email 27-Apr-2021 $ 0.230 Our Portfolio Performance from January 1st to March 31st 2021
Email 20-Apr-2021 $ 0.180 PRL’s Binding MoU with Total Eren may actually be WAY BETTER than we first thought…
Email 19-Apr-2021 $ 0.180 It’s Official - Our 2021 ASX Small Cap Pick of the Year
Email 08-Apr-2021 $ 0.140 PRL Doubles Land Holding in Green Hydrogen Push
Email 23-Mar-2021 $ 0.145 TRIPLE DOWN ALERT - Plus 6 Hot Stocks
Email 10-Mar-2021 $ 0.083 Why is Fortescue Pegging Ground Near PRL?
Article 02-Mar-2021 $ 0.079 PRL’s Zero Carbon Green Hydrogen Strategy - A First for the ASX
Email 02-Mar-2021 $ 0.079 PRL - Now Detecting Heat and Movement
Email 21-Feb-2021 $ 0.081 PRL is on the Start of a Long Journey
Email 17-Feb-2021 $ 0.050 Zero Carbon Hydrogen™ has Just Arrived on the ASX.
Article 07-Jan-2021 $ 0.013 Our Stock Picks for 2021
Article 05-Aug-2020 $ 0.012 Our WA Gold Pick: Wedged Between $1BN Greatland Gold Discovery & 32Moz. Telfer Mine

Province Resources Ltd ESG Report

Market Data

Latest Article

Dream Team: Key Ministers now on PRL Speed Dial?

Dream Team: Key Ministers now on PRL Speed Dial?

Today, Province Resources (ASX:PRL) ticked off one of our key expected milestones with another “dream team” board appointment in Roger Martin, previously chief of staff to the WA treasurer and VP of corporate affairs at Woodside - more on Roger below.

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