The above article highlights the importance of the Provaris strategy to focus on Europe in the short term in order to get a foothold in that market that is maturing a lot quicker than other markets where the Provaris hydrogen supply chain can be used. Multiple times Martin Carolan has stated their strategy was to link and off taker with a producer and transport the molecule the short distance into the existing German pipeline network. For those that are aware of the recent roadshow in Europe, Salzgitter one of the continents largest steel producers was visited by Provaris and is one of the companies in the newly formed Northwest German hydrogen alliance.
PV1 Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
