A reminder to shareholders regarding upcoming news that this month (may end up being early next year), the WA government is set to release 'a public sharing document' regarding Provaris Export study into the HyEnergy project. The government granted $300k to PV1 to conduct the study. It looked into both the technical and commercial aspects of shipping from the Gascoyne to Asia-Pacific (specifically Singapore).
The last few months the WA government have been reviewing the documents before it releases the public sharing document to the public. PV1 indicated at the completion of the study that there were several positive outcomes regarding minimisation of environmental disturbance, safety hazards and significantly less capital requirements than onshore ports.
Post this study TE signed an MOU with PV1 to look into there other projects as well.
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