Ann: Launch of Parkway Investor Hub, page-16

Interesting fund on the investor hub:

Question from 6.5.23:

10:33AM 06/05/2023

Approximately how long would it take if Shell decided to use IBS technology to complete an industrial-scale water treatment plant?

When would the first license revenues be expected after that?

Answer:

Parkway Corporate Limited

ASXWN

Edited

19:40PM 11/05/2023

Thanks for the questions Ollifun. The timeline for delivering any large-scale industrial solution, such as those contemplated in the Queensland CSG industry, really depends on a range of factors, some within our (Parkway) control, others, in the hands of third-parties.

By way of background there are several (4) major CSG projects in Queensland, with further smaller projects, all of which present unique opportunities and challenges. From a Parkway perspective, we recently disclosed that we are working on developing what we are calling Master Plan. A plan that alligns our proprietary technology, with the necessary solution, the industry so despertely requires.

There are also opportunities, for Parkway to drive the timeline, by becoming directly involved in project development, beyond the provision of technology. Importantly, given we developed the proprietary flow sheets that we've recently proved-up, this provides us with a range of options to optimise project delivery, to create maximum value, for all stakeholders, including Parkway shareholders.

As our plans progress, we will be providing further details to the market. In the interim, an independent research report is expected to be published in coming weeks, which will provide estimates by the analysts, on a range of factors, including the timing or project delivery and potential earnings potential.