Province Resources Ltd


  Our Initial Entry

Portfolio Initiation

5 Day VWAP
After Initiation

Current Price

Our Current Returns

Aug 05 2020
Our Current Returns
View Details


📋 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.

Company Milestones

Portfolio Initiation: Our Commentary
🟥 HEM Data Shows Negative Results
Name Change to Province Resources
HyEnergy Acquisition - Zero Carbon Hydrogen: Our Commentary
Capital Raise: $1.5M @1.5c
SODAR Machine Mobilised: Our Commentary
Major Board Appointments: Our Commentary
🌎 FMG Subsidiary Pegs Land next to PRL: Our Commentary
Increase Land Holdings: Our Commentary
Total Eren Partnership MOU Our Commentary
Next Investors Small Cap Pick of the Year 2021 Our Commentary
Completion of Acquisition
🔲 Key Board Appointment
🔲 Key Board Appointment
🔲 Execute Heritage Agreement
✅ Positive Stakeholder Outcome - Carnarvon Shire and Community
🔲 Positive Stakeholder Outcome - WA Government
🔲 Positive Stakeholder Outcome - Federal Government
🔲 Positive SODAR Results
🔲 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

Our 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.

Company Milestones and Investment Milestones are new features we are testing. Please provide feedback or suggestions by filling in the survey on the bottom right hand corner of this page.


🔲 Expected Milestone
✅ Achieved Milestone
🟥 Negative Result
🌎 Macro Event

Market Data

Latest Article

PRL signs MoU with Shire of Carnarvon

PRL signs MoU with Shire of Carnarvon

Today Province Resources (ASX: PRL) continued its rapid progress with an MoU with the Shire of Carnarvon to investigate the viability of PRL’s Zero Carbon Green Hydrogen Project on land right next to the Carnarvon township.

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