Ann: GeoVault - Carbon Capture and Storage (CCS) Business Update, page-2

I don’t think Tom would make a statement like:

Buru’s current operational area in the Canning Basin has the capacity to store not only carbon emissions related to a potentially large-scale Rafael development but that of other carbon emitters, including potential international carbon emitters.

unless he was confident he was going to be able to confirm a large-scale Rafael development.

Looks like he is also suggesting the timing of the GeoVaukt float will follow WA State legislation :

DMIRS has proposed amendments to the Petroleum and Geothermal Energy Resources Act 1967, Petroleum Pipelines Act 1969 and Petroleum (Submerged Lands) Act 1982 to provide a legislative framework for the transport and geological storage of greenhouse gases onshore in Western Australia.
Petroleum Legislation Amendment Bill (B) 2023 is anticipated to be introduced to Parliament before the end of the current sitting period in 2023. (which I think ends 30th Nov, there are no sitting dates in Dec on their calendar)
This is a key milestone for carbon capture and storage in Western Australia and will pave the way for the award of greenhouse gas exploration titles, retention leases and injection licences.

This looks relevant to both GeoVault and 2H:

On 16 November 2023, the Cook Government announced a $134 million funding package aimed at creating jobs and to emissions reduction. As part of this package, $60 million has been directed to drive investment into new energy projects across the State through its flagship 'Investment Attraction Fund' (IAF).
The $60 million IAF New Energies Industries round is offering funding for projects in battery and critical minerals processing, renewable hydrogen, advanced manufacturing in wind and solar componentry, along with carbon capture use and storage projects. This development is welcomed by GeoVault and GeoVault’s participation will be vigorously pursued.