Forum Topics PWN PWN AGM

Pinned straw:

Added 4 months ago

These guys have a master plan for Queensland CSG brine repurposing and it's quite concrete and well documented. In his Strawman interview, I think the CEO hinted that a milestone would be announced around the AGM. Nothing yesterday, but it still seemed very much in play.

It is apparently a legislated requirement that Qld CSG operators look for a way to create products from their brine wastestream and Parkway have a solution to create critical industrial chemicals. They have been working on it for a long while with major players who ultimately do not want to run a treatment plant, they want someone else to do it for them.

IRL Holder (can't on Strawman).

SebastianG
Added 4 months ago

I'm a long-time holder and follower of Parkway. I attended the AGM. Couldn't really see any new information in it. Will continue to be a slow burn and then (hopefully) an extreme runway up.


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lastever
Added 4 months ago

Should probably add that revenue should double again this year (at least that's the trend and CEO said 'we don't provide guidance but...' thats the trend). This was already known, and is not the main game. But the beauty of Parkway is that their solutions business, leveraging the recent acquisition of well-established Tankweld, is funding their technology foray and they are a decent business already.

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lastever
Added a month ago

@SebastianG Some day traders have sparked a little run today in case you were wondering

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SebastianG
Added 4 weeks ago

@lastever Oh I am aware. There's also some speculation about an arrangement that has been struck with another rather big Australia listed company. It is all speculation at this point. I've literally held this company for years and I am arguably irresponsibly long on it already. It owes me, but as Mark Twain once said "Don't go around saying the world owes you a living. The world owes you nothing. It was here first."

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