Re-list before Xmas, page-18

Firstly, PV1 will not be shipping compressed hydrogen from the Hyenergy project to Germany. Their technology allows them to be a 'regional' carrier of gaseous pure hydrogen. Which many off takers will benefit from as hydrogen is the energy they essentially want. However Province has the ability to ship large amounts of ammonia to Germany (what FFI plans to do), which they have stated they intend to do. Province does however have the opportunity to ship all 3 forms of energy which are ammonia, liquid or compressed. The Export study (government funded) PV1 did with the Hyenergy project was specifically in relation to shipping compressed hydrogen from the Gascoyne to Singapore. However the technology has the ability to go as far as Japan/Korea etc. "Not Europe".

It amazes me the ignorance and negativity sprouted on the PRL forum. It's just emotional and impatient posts with little substance. Posters continue to bang on about the remuneration the CEO and board is getting, but if you look at the big picture PRL are running a fairly lean management structure compared to many companies. This project relies on the people running it. A new industry requires a lot of time to organise itself. This project is strongly government and community supported. The investment thesis from 3 years ago hasn't changed and still holds great potential.